42 Terrace Street, London | Image 1

42 Terrace Street

London, South I

  • 3 bed 2 bath
$529,900 est.*: $1,795/mo
For Sale

Added 2 weeks ago

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  • Type: Multiplex

  • Style: 1 1/2 Storey

  • Lot Size: 40 x 125 Feet

  • Age: No Data

  • Taxes: $2,338 per year

  • Days on Site: 2 Days

  • Added: Jun 17, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8448924

  • Listed By: Blue forest realty inc.

This property features an upper bachelor unit with a cozy porch rented month to month and a vacant main floor 2-bedroom unit with an unfinished basement boasting great ceiling height and a basement walkout to the backyard. The main floor unit offers flexibility to move in, rent out, or finish the basement to increase the number of bedrooms and bathrooms, or potentially add an additional unit. This property has great income potential, with the option to rent out the large storage shed in the backyard for extra income as well. Recent updates include deck repairs, fresh paint in the main unit, a new vanity, and a new toilet. The property also has two parking spots, a huge backyard on a corner lot and is conveniently located near Victoria Hospital. Located in the heart of London, Chelsea Green is a vibrant neighbourhood with a strong community feel, perfect for this fantastic duplex investment opportunity.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 1 1/2 Storey

  • Area: London

  • Community: South I

Inside

  • Bedrooms: 3

  • Bathrooms: 2

  • Kitchens: 2

  • Rooms: 8

  • Den/Family Room: Yes

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 2

Building

  • Basement: Full

  • Basement 2: W/O

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 22 BLK G PLAN 437 CITY OF LONDON

  • Taxes: $2,338

Highlights

  • Feature: Park

Land

  • Cross Street: TERRACE & JOSEPHINE

  • Municipality District: London

  • Fronting On: South

  • Parcel Number: 083560025

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 40 Feet

Rooms

Room details for 42 Terrace Street, London

Type Dimensions
Kitchen Main 4.52 x 4.00
Bathroom Main 2.71 x 2.89
Prim Bdrm Main 2.71 x 2.89
Br Main 2.98 x 2.89
Living Main 3.97 x 3.76
Kitchen Upper 4.51 x 2.41
Bathroom Upper 1.32 x 3.32
Br Upper 5.46 x 4.22
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Somewhat Walkable

  • Some errands can be accomplished on foot.
68 /100

Some Transit

  • Most errands require a car.
49 /100

Very Bikeable

  • Most errands can be accomplished on bike.
74 /100
JK-8

Holy Rosary Separate School

Elementary: Catholic
0.95 km
JK-8

Trafalgar Public School

Elementary: Public
1.12 km
JK-8

Aberdeen Public School

Elementary: Public
1.02 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
0.66 km
JK-8

St. John French Immersion School

Elementary: Catholic
0.95 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.64 km
9-12

G A Wheable Secondary School

Secondary: Public
0.38 km
9-12

B Davison Secondary School Secondary School

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0.57 km
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London South Collegiate Institute

Secondary: Public
1.63 km
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London Central Secondary School

Secondary: Public
2.40 km
9-12

Catholic Central High School

Secondary: Catholic
2.00 km
9-12

H B Beal Secondary School

Secondary: Public
1.77 km
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