187 RATHOWEN STREET Active Save Request In-Person Tour Request Virtual Tour
London,ON N6H2E9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision North N
MLS Listing ID X11937002
Bedrooms 5
Half Baths 1
Property Sub-Type Freehold
Property Description
Don't miss this rare chance to own a purpose-built luxury student rental in one of Ontario's fastest-growing university towns. Recently renovated with a spacious two-storey addition, this fully licensed and city-permitted property is ideally located near transit, including a quick one-bus route to Western University, downtown, shopping and more. Featuring five generously sized bedrooms, each with its own private bathroom, plus a powder room on the main floor, this property is consistently in high demand among students. The open-concept layout includes two common areas and a modern kitchen with stainless steel appliances, creating a functional and stylish living space. With a flawless five-year track record of 100 percent occupancy due to its prime location and premium features, this property offers a strong 5 percent cap rate, combining stability, growth potential and unmatched desirability in the London market. (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Laminate,Carpeted
Exterior
Parking Features No
View Y/N No
Building
Story 2
Sewer Sanitary sewer