ON > London South > South I
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
London South, ON N5Z 2X4,42 Terrace ST
London South, ON N5Z 2X4,42 Terrace ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 429,000
Est. payment | /mo

3 Beds

2 Baths

Save
$ 429,000
Est. payment | /mo
Save

3 Beds

2 Baths

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

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-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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42 Terrace ST