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42 TERRACE STREET
London South (South I) Ontario N5Z2X4 Canada

$429,000

Active Listing ID X12503730
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3 bed
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2.00 Bath
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Multi-family

$429,000

Active Listing ID X12503730
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42 TERRACE STREET This licensed duplex offers the perfect setup for house hacking - live in one unit and let the rental income offset your mortgage. The spacious 2-bedroom main floor unit is vacant, move-in ready, and freshly updated with brand-new flooring throughout, a stylish accent wall with an electric fireplace, a frosted sliding barn door, and modern window coverings. It even features a new all-in-one washer/dryer and smart thermostat for added convenience. The main floor can also be sold fully furnished - complete with beds, couches, artwork, TV, and a security system - making this a true turnkey option.The upper bachelor unit and garage are already leased, providing steady income from day one. The basement has been professionally interior waterproofed and includes a new sump pump with warranty, offering peace of mind and potential for added value with future finishing.Located on a corner lot with two parking spaces, a large backyard, and close proximity to Victoria Hospital, transit, and major amenities, this property combines comfort, income potential, and smart ownership all in one. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Exterior Finish: Brick
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 12/1/2025 10:10:20 PM GMT
Source Updated Date: 12/19/2025 6:10:39 PM GMT

Courtesy of: TAYLOR IVANY, Salesperson, BLUE FOREST REALTY INC.