For Sale - 42 Terrace Street, London South, Ontario

Est payment $2,127/mo
Views   1
Time on Jump  33 day
  • Licensed duplex ideal for house hacking with rental income.
  • Spacious main floor unit recently updated and move-in ready.
  • Fully furnished option available for a true turnkey experience.
  • Upper bachelor unit and garage already leased for immediate income.
  • Large backyard and close to amenities, hospitals, and transit.



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.
Listing IDX12503730
Address42 Terrace Street
CityLondon South, Ontario
Price$429,000
Bed / Bath3 / 2 Full
Style1 1/2 Storey, Duplex
ConstructionBrick
Land Size5000
TypeMulti-Family
StatusFor Sale
Subtype DuplexIndoor Features In-Law Capability, StorageOwnership FreeholdBasement Separate Entrance, UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  BLUE FOREST REALTY INC.
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42 Terrace Street
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