42 TERRACE STREET, London South (South I), Ontario, CA

Address: 42 TERRACE STREET, London South (South I), Ontario

3 Beds2 Baths1100 sqftStatus: Buy
Price $449,000

Property Overview


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:51532)

 

Tags




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
Parking Type
No Garage
Building
Bedrooms
Above Grade
3
Bathrooms
Total
3
Interior Features
Appliances Included
Dryer, Two stoves, Washer, Two Refrigerators
Basement Features
Separate entrance
Basement Type
N/A, N/A (Unfinished)
Building Features
Foundation Type
Unknown
Square Footage
1100 - 1500 sqft
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
2
Land
Other Property Information
Zoning Description
R2-2
Level Rooms Dimensions
Second level Living room 5.46 m x 4.22 m
Kitchen 4.51 m x 2.41 m
Main level Living room 3.97 m x 3.76 m
Kitchen 4.52 m x 4 m
Bathroom 2.89 m x 2.71 m
Bedroom 2.89 m x 2.71 m
Bedroom 2 2.98 m x 2.89 m
Ground level Other 5.62 m x 2.35 m
Other 3.97 m x 2.67 m

Features
           No Garage            Dryer            Two stoves
           Washer            Two Refrigerators            Separate entrance
           None
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Your Home Finance Calculation

Property Price CA $449,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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