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$449,000
Ontario,London South (South I)
For Sale Active
42 TERRACE STREET, London South (South I), Ontario N5Z2X4
  • 3
  • 2
  • 1,500 Sqft
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Basic Details
Description

This licensed duplex offers the perfect setup for house hacking – live in one unit and let the rental income offset your mortgage. The spacious 2-bedroom main floor unit is vacant, move-in ready, and freshly updated with brand-new flooring throughout, a stylish accent wall with an electric fireplace, a frosted sliding barn door, and modern window coverings. It even features

a new all-in-one washer/dryer and smart thermostat for added convenience. The main floor can also be sold fully furnished – complete with beds, couches, artwork, TV, and a security system – making this a true turnkey option.The upper bachelor unit and garage are already leased, providing steady income from day one. The basement has been professionally interior waterproofed and includes a new sump pump with warranty, offering peace of mind and potential for added value with future finishing.Located on a corner lot with two parking spaces, a large backyard, and close proximity to Victoria Hospital, transit, and major amenities, this property combines comfort, income potential, and smart ownership all in one. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12503730
  • Price: $449,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 275901
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Unfinished, Separate entrance, N/A
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London South (South I), N5Z2X4
  • Street: Terrace
  • Street Number: 42
  • Street Suffix: Street
  • Longitude: W82° 46' 33.8''
  • Latitude: N42° 58' 24.3''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 125 x 40 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 2682
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Listing updated: 2025-11-10 14:17:46
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Listing Information
  • List Agent Key: 2179794
  • List Office Key: 275901
  • Modification Timestamp: 2025-11-10T13:11:16Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-11-10T12:54:37Z
Powered by REALTOR.ca
Listing updated: 2025-11-10 14:17:47

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