ON > London South > South I
London South, ON N5Z 2X4,42 Terrace ST
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London South, ON N5Z 2X4,42 Terrace ST
London South, ON N5Z 2X4,42 Terrace ST
London South, ON N5Z 2X4,42 Terrace ST
London South, ON N5Z 2X4,42 Terrace ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 429,000
Est. payment /mo
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Active

42 Terrace ST London South, ON N5Z 2X4

3 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision South I

MLS Listing ID X12173399

Style 1 1/2 Storey

Bedrooms 3

Annual Tax Amount $2,517

Tax Year 2024

Property Sub-Type Duplex

Lot Depth 40.0

Lot Front 125.0

Appx SqFt 1100-1500

Property 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.

Location

Province ON

County Middlesex

Community South I

Area Middlesex

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 2

Interior

Interior Features In-Law Capability, Storage

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 125.0

Lot Depth 40.0

Total Parking Spaces 2

Building

Foundation Unknown

Listed by BLUE FOREST REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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42 Terrace ST

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