36
  • X12503730
  • MLS® Number
  • Property Type
  • Duplex, Residential
  • Acres
  • Land Area
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • Sqft
  • Area Size

42 Terrace Street, London South, ON N5Z 2X4

  • $449,000

Description

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.

Details

MLS® Number X12503730
3 Bedrooms
2 Bathrooms
Updated on November 4, 2025 at 3:06 am

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Middlesex
  • Property Type: Residential
  • Pool: None
  • Architectural Style: 1 1/2 Storey

Address

  • Address: 42 Terrace Street
  • City: London South
  • State/county: ON
  • Zip/Postal Code: N5Z 2X4
  • Country: CA

Contact Information

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