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$449,000
Available - For Sale
Listing ID: X12503730
42 Terrace Street , London South, N5Z 2X4, Middlesex


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.
Price $449,000
Taxes: $2682.00
Occupancy: Partial
Address: 42 Terrace Street , London South, N5Z 2X4, Middlesex
Directions/Cross Streets: Josephine
Rooms: 12
Bedrooms: 3
Bedrooms +: 0
Family Room: F
Basement: Separate Ent, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 13.02 12.33
Room 2 Main Kitchen 14.83 13.12
Room 3 Main Bathroom 9.48 8.89
Room 4 Main Bedroom 9.48 8.89
Room 5 Main Bedroom 2 9.77 9.48
Room 6 Second Living Ro 17.91 13.84
Room 7 Second Kitchen 14.79 7.9
Room 8 Ground Furnace R 28.21 22.93
Room 9 Ground Other 18.43 7.71
Room 10 Ground Other 13.02 8.76
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
Washroom Type 6 4 Main
Washroom Type 7 3 Second
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Duplex
Style: 1 1/2 Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 2
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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Percent Down:
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.
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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: $2,682
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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