42 Terrace Street, London, Ontario N5Z 2X4

Listed for:
$449,900
3 beds
2 baths
Listed 42 days ago
Duplex for rent: 42 Terrace Street, London, Ontario N5Z 2X4

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Learn more about this property
Listing provided by:
BLUE FOREST REALTY INC.
MLS® number:
X11976341
Agent:
Taylor Ivany
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About

Josephine This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit's living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don't miss this chance to own a turnkey home with rental income potential! (id:27476)

Property Highlights

MLS® Number
X11976341
Type
Multi-family
Community Name
South I
Land Size
125 x 40 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.50
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location