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4
BEDROOMS 2
BATHROOMS 2
KITCHENS 14
ROOMS X13555464
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Property Description
Attention Renovators/Contractors: Welcome to this value-add opportunity in the Hale Street District of Argyle, one of East London's established residential pockets. This Estate-sale up/down Duplex is set on a spacious 45' x 127' corner lot within a small, quiet cul-de-sac enclave with limited through traffic, offering a rare chance to unlock the potential of a well-located property close to schools, Argyle Mall, shopping, transit, and major employment corridors including Veterans Memorial Parkway. Zoned R1-5, this 1.5 storey tenanted property features a spacious Main Unit that spans the main floor and lower level, offering approximately 1,500+ sq. ft. of combined living space with 2 bedrooms, 1 bathroom, a dine-in kitchen, living room, rear family room addition with gas fireplace and skylights, plus additional lower-level living space and versatile den ideal as a home office or guest space. The Upper Unit, with its own private entrance, offers approximately 560+ sq. ft. with 2 bedrooms, 1 bathroom, cozy living room, and walkout access to a private outdoor deck. Each unit is separately metered for hydro and has its own owned hot water tank. The property requires updating and is being sold in "as-is, where-is" condition with no representations or warranties, and has been priced accordingly. With the right vision, this is an ideal opportunity for renovators, contractors, or live-in buyers with a longer-term ownership plan who are prepared to build equity through improvements and bring new life to a property with meaningful long-term potential. Please note: Main Unit (including Lower Level) will be vacant for September 1st, 2026.
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Property Features
Cul de Sac/Dead End, Public Transit, School, Accessory Apartment, Private Triple
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Property Details
Address
89 Heather Crescent
Community
City
Postal Code
N5W 4L6
Property Type
Duplex, Duplex
Zoning
R1-5
Lot Size
45' x 127'
Acreage
5,715.6 Feet
Taxes
$3,770 (2025
Basement
Partially Finished
Exterior
Deck, Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Forest Hill Real Estate Inc.
This legal side-by-side 1.5 story duplex near London's core features a separately metered very spacious split level two bed unit with basement and a main level one bed unit. With felxible Closing and substantial deposit option exists to provide a unit vacant upon Closing. Opportunity knocks for investors and could be open to owners looking for a mortgage helper opportunity to occpuy a unit. As a solid income property, the three bed Unit 1B is rented at $1,795/mo + hydro currently [Unit 1B is a split level three bedroom unit with unfinished basement] and $1,150/mo + hydro currently for Unit 1A [main level one bedroom unit]; both units have a single parking space included. This is a very large duplex, one of the larger ones in the area, above ground square footage on ground level and a lofted upper level in both units, along with unfinished basement space offering lots of development potential to add more finsihed rooms (clear height would not faciliate legal bedrooms below grade). Both units feature seperate entrances and Unit 1B also has backyard access. 1 Rathgar Street is a solid dual income rental property or well suited for an individual or couple looking for income offset potential to live in one unit and use the rental inome to help pay down the mortgage. Property includes kitchen appliances and laundry in each unit. This property is close to the downtown core, near to many schools, offers access to ample public transit routes, and is in close proximity to hospitals. This property will remain in feeder school district for Thames Valley School Baord for Aberdeen PS with redrawing of districts set to take effect in September 2026.
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