42 Terrace Street

London South, South I

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.

This duplex home located at 42 Terrace Street, London South, ON N5Z 2X4 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$429K. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. The property is N/A years old. 42 Terrace Street, London South, ON N5Z 2X4 is in London South neighborhood South I.