3 Beds 2 Bath

42 Terrace Street, London South, ON N5Z 2X4

London South N5Z 2X4 Ontario

MLS: X12173399

$429,000

Added 4 days ago | For Sale

Listed by: BLUE FOREST REALTY INC.

About Property

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.

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:FLEXIBLE
  • 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:X12173399

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