42 Terrace Street For Sale

London, South I, N5Z 2X4

$449,900

Description

Listed by BLUE FOREST REALTY INC..

This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit's living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don't miss this chance to own a turnkey home with rental income potential!

2 REFRIGERATORS; 2 STOVES

Location

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  • Address: 42 Terrace Street
  • Neighborhood: South I
  • City: London
  • State: Ontario
  • Postal Code: N5Z 2X4

Property Details

  • Property ID: X11976341
  • Property Price: $449,900
  • Style: Duplex, 1 1/2 Storey
  • Rooms: 12
  • Bedrooms: 3
  • Bath: 2
  • Parking Spaces: 2
  • Basement: Sep Entrance, Unfinished
  • Central Vac.: N
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $2,517.00 (2024)
  • Lot: 40x125 (Feet)

Property History

This property has been sold 5 times before. To view this property's sale price history please sign in or register:


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Recently Sold

  • Semi-Detached House sold at 1125 Cannon Street, Hamilton, Crown Point, L8L 2J7 - MLS: X10442658
    • Sold 76 days ago

    1125 Cannon Street

    Hamilton, Crown Point, L8L 2J7

    $498,900

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

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