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Home ON Greater London London Glen Cairn
42 TERRACE STREET
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42 TERRACE STREET $429,000
$429,000
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42 TERRACE STREET
London South (South I), Ontario N5Z2X4

MLS® Number: X12173399
3
Bedrooms
2
Bathrooms
1100 - 1500
Square Feet

Listing Description

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. (40539954)

Location Description

Josephine

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1.5
Square Footage
1100 - 1500 sqft
Community Name
South I
Land Size
125 x 40 FT
Annual Property Taxes
$2,517
Parking Type
No Garage
Time on REALTOR.ca
32 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Two stoves, Two Refrigerators
Basement Features
Separate entrance
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Unknown
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
2

Measurements

Square Footage
1100 - 1500 sqft

Land

Lot Features
Frontage
125 ft
Land Depth
40 ft
Other Property Information
Zoning Description
R2-2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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