3 Beds 2 Bath

42 Terrace Street, London, ON N5Z 2X4

London N5Z 2X4 Ontario

MLS: X11976341

$449,900

Added 29 days ago | For Sale

Listed by: BLUE FOREST REALTY INC.

About Property

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!

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:
  • Annual Property taxes: $2517
  • Bedrooms:3
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X11976341

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.