42 Terrace Street, London South (South I), Ontario N5Z 2X4 (28366555)


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42 Terrace Street London South, Ontario N5Z 2X4

3 Bedroom 2 Bathroom 1100 - 1500 sqft
Forced Air

$429,000

Fantastic Opportunity for First-Time Buyers or Investors! This licensed duplex offers the ideal setup for house hacking or easing your monthly expenses. The spacious 2-bedroom main floor unit is vacant and move-in ready, making it perfect for homeowners looking to live in one unit while earning rental income from the already tenanted upper bachelor unit. The unfinished basement boasts great ceiling height, a separate walkout, and a flexible layout ideal for expanding the main units living space, offering tenant storage, or adding coin-operated laundry for supplemental income. Other highlights include a large backyard, a corner lot with two parking spaces, and a shed that has previously generated extra rental income. Recent updates such as deck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom window add to the homes appeal and readiness. Located just minutes from Victoria Hospital, public transit, and major amenities, this is a smart choice for anyone looking to step into real estate ownership with rental support from day one. (id:60297)

Property Details

MLS® Number X12173399
Property Type Multi-family
Community Name South I
ParkingSpaceTotal 2

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsTotal 3
Appliances Two Stoves, Two Refrigerators
BasementDevelopment Unfinished
BasementFeatures Separate Entrance
BasementType N/a (unfinished)
ExteriorFinish Brick
FoundationType Unknown
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 40 Ft
SizeFrontage 125 Ft
SizeIrregular 125 X 40 Ft
SizeTotalText 125 X 40 Ft
ZoningDescription R2-2

https://www.realtor.ca/real-estate/28366555/42-terrace-street-london-south-south-i-south-i

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Taylor Ivany
Salesperson


Blue Forest Realty Inc.

Lara Cutler
Salesperson


Blue Forest Realty Inc.

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