$429,000
Available - For Sale
Listing ID: X12173399
42 Terrace Stre , London South, N5Z 2X4, Middlesex


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.
Price $429,000
Taxes: $2517.00
Occupancy: Tenant
Address: 42 Terrace Stre , London South, N5Z 2X4, Middlesex
Directions/Cross Streets: Josephine
Rooms: 12
Bedrooms: 3
Bedrooms +: 0
Family Room: F
Basement: Separate Ent, Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 1 1/2 Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BLUE FOREST REALTY INC.
Personal Picture
Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London South
Neighbourhood: South I
Style: 1 1/2 Storey
Lot Size: x 40.00(Feet)
Approximate Age:
Tax: $2,517
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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