$479,000 FOR SALE

Duplex 1 1/2 Storey

Bedrooms: 3Bathrooms: 2Lot: 40 x 125 ft
2023 Taxes: $2,337.87

42 Terrace St
London, ON N5Z 2X4 | South I | Middlesex

This licensed duplex provides steady income with a rented 2-bedroom unit on the main floor, a bachelor unit upstairs, and an unfinished basement offering potential for additional living space or even an extra unit. The basement has excellent ceiling height and a walkout to the spacious backyard. The property also benefits from additional rental income with a large shed that is already rented out. Recent updates include deck repairs, fresh paint in the main unit, a new vanity, a new toilet, and a new bathroom window. The property offers two parking spots and is situated on a corner lot with a large backyard. Located near Victoria Hospital in the heart of London's vibrant Chelsea Green neighbourhood, this property is surrounded by a strong community atmosphere making it an ideal investment opportunity.

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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8448924
Last Updated Sep 13, 2024
Property Summary
Property Type Duplex

More like this:
PIN 083560025
Legal Description LT 22 BLK G PLAN 437 CITY OF LONDON
Taxes (2023) $2,337.87
Directions/Cross Streets TERRACE & JOSEPHINE
Neighbourhood South I
Area Middlesex
Price History
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Detailed Information
Fronting On S
Property Features Park
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Rooms 8
Kitchens 2
Lot 40 x 125 ft
Exterior Brick, Vinyl Siding
Air Conditioning None
Family Room Y
Fireplace/Stove N
Pool None
Basement Full, W/O
Drive Front Yard
Garage Spaces 0.0
Garage Type None
Parking Spaces 2
Total Parking Spaces 2.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
KitchenMain4 m x 4.52 m (13.12 ft x 14.83 ft)
BathroomMain2.89 m x 2.71 m (9.48 ft x 8.89 ft)4 Pc Bath
Prim BdrmMain2.89 m x 2.71 m (9.48 ft x 8.89 ft)
BrMain2.89 m x 2.98 m (9.48 ft x 9.78 ft)
LivingMain3.76 m x 3.97 m (12.34 ft x 13.02 ft)
KitchenUpper2.41 m x 4.51 m (7.91 ft x 14.8 ft)
BathroomUpper3.32 m x 1.32 m (10.89 ft x 4.33 ft)3 Pc Bath
BrUpper4.22 m x 5.46 m (13.85 ft x 17.91 ft)Combined W/Living
Bathrooms
Pieces Level
4Main
3Upper

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