3 Beds 2 Bath

42 Terrace Street, London South, ON N5Z 2X4

London South N5Z 2X4 Ontario

MLS: X12503730

$449,000

Added 7 hours ago | For Sale

Listed by: BLUE FOREST REALTY INC.

About Property

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.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 125 X 40
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Josephine
  • Basement:Separate Entrance,Unfinished , Separate Entrance,Unfinished
  • Possession Date:Main floor vacant/Upper tenanted
  • Annual Property taxes: $2682
  • Bedrooms:3
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12503730

Level Type Features Dimensions
Main Living Room 13 ft x 12 ft, 4 in
Kitchen 14 ft, 10 in x 13 ft, 1 in
Bathroom 9 ft, 6 in x 8 ft, 11 in
Bedroom 9 ft, 6 in x 8 ft, 11 in
Bedroom 2 9 ft, 9 in x 9 ft, 6 in
Ground Furnace Room 28 ft, 3 in x 22 ft, 11 in
Other 18 ft, 5 in x 7 ft, 9 in
Other 13 ft x 8 ft, 9 in
Second Living Room 17 ft, 11 in x 13 ft, 10 in
Kitchen 14 ft, 10 in x 7 ft, 11 in

No property rooms available.

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