$449,000
3.12 BTC
Photos
Map
42 Terrace Street, London
$449,000
PRICE
3
BEDROOMS
2
BATHROOMS
X12503730
MLSID

42 Terrace Street, London

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.
Read Full Description
View Property
Ask a Question

Summary

Address
42 Terrace Street
City
Community
MLSID
X12503730
Property Type
Duplex
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
2
Zoning
R2-2
Taxes (Annual)
$2,682.00
Tax Year
2025
Published
November 3, 2025
Days on Market
2 Days
Possession Type
Flexible
Possession Details
Main Floor Vacant/Upper Tenanted
View Property
Ask a Question

Inclusions

2 Fridges, 2 stoves, all in one washer/dryer, 2 beds, 1 couch, wall decor on main floor, TV

Exclusions

Upper tenant belongings, Main floor guitar and internet

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Second Level
Basement
Separate Entrance, Unfinished
Interior Features
In-Law Capability, Storage
Parking Spaces
2
Parking Total
2
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
5,000
Lot Width
125 Feet
Lot Depth
40 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Partial
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
View Property
Ask a Question

Similar Listings

Listing Contracted with BLUE FOREST REALTY INC.
View Property
Ask a Question
View Property
Ask a Question
Appointment Date & Time
Date
Time
Send
Cancel
Thank you for your Inquiry!
Your message has been received, one of our represetatives will be in touch with you shortly.
Close