$529,900
Available - For Sale
Listing ID: X8448924
42 Terrace St , London, N5Z 2X4, Ontario


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.
Price $529,900
Taxes: $2337.87
Address: 42 Terrace St , London, N5Z 2X4, Ontario
Lot Size: 40.00 x 125.00 (Feet)
Directions/Cross Streets: TERRACE & JOSEPHINE
Rooms: 8
Bedrooms: 3
Bedrooms +:
Kitchens: 2
Family Room: Y
Basement: Full, W/O
Property Type: Multiplex
Style: 1 1/2 Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 2
Pool: None
Property Features: Park
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.
Personal Picture
Alex Mohseni-Khalesi
Sales Representative
Dir:
5199026300
Bus:
4167211500
 
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At a Glance:
Type: Freehold - Multiplex
Area: Middlesex
Municipality: London
Neighbourhood: South I
Style: 1 1/2 Storey
Lot Size: 40.00 x 125.00(Feet)
Approximate Age:
Tax: $2,337.87
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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