42 Terrace Street London, Ontario N5Z 2X4
$479,000
This licensed duplex provides steady income with a rented 2-bedroom unit on the main floor, a bachelor unit upstairs, and an unfinished basement offering potential for additional living space or even an extra unit. The basement has excellent ceiling height and a walkout to the spacious backyard. The property also benefits from additional rental income with a large shed that is already rented out. Recent updates include deck repairs, fresh paint in the main unit, a new vanity, a new toilet, and a new bathroom window. The property offers two parking spots and is situated on a corner lot with a large backyard. Located near Victoria Hospital in the heart of London's vibrant Chelsea Green neighbourhood, this property is surrounded by a strong community atmosphere making it an ideal investment opportunity. (id:51356)
Property Details
| MLS® Number | X8448924 |
| Property Type | Single Family |
| Community Name | South I |
| AmenitiesNearBy | Park |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 2 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Amenities | Separate Electricity Meters |
| Appliances | Refrigerator, Two Stoves |
| BasementFeatures | Walk Out |
| BasementType | Full |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 125 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 125 Ft |
| SizeTotalText | 40 X 125 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 4 m | 4.52 m | 4 m x 4.52 m |
| Main Level | Bathroom | 2.89 m | 2.71 m | 2.89 m x 2.71 m |
| Main Level | Primary Bedroom | 2.89 m | 2.71 m | 2.89 m x 2.71 m |
| Main Level | Bedroom | 2.89 m | 2.98 m | 2.89 m x 2.98 m |
| Main Level | Living Room | 3.76 m | 3.97 m | 3.76 m x 3.97 m |
| Upper Level | Kitchen | 2.41 m | 4.51 m | 2.41 m x 4.51 m |
| Upper Level | Bathroom | 3.32 m | 1.32 m | 3.32 m x 1.32 m |
| Upper Level | Bedroom | 4.22 m | 5.46 m | 4.22 m x 5.46 m |
https://www.realtor.ca/real-estate/27052634/42-terrace-street-london-south-i
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September 13 2024 04:20:35
London and St. Thomas Association of REALTORS®
Blue Forest Realty Inc.
