42 Terrace Street, London South

  • Bedrooms: 3
  • Bathrooms: 2
  • Added: 1 month ago
  • Updated: 3 weeks ago
  • Last Checked: 3 hours ago
  • Listed by: BLUE FOREST REALTY INC.

Listing description
This Other at 42 Terrace Street London South, ON with the MLS Number x12503730 listed by TAYLOR IVANY - BLUE FOREST REALTY INC. on the London South market 1 month ago at $429,000.

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. (id:1945)
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Property Details Key information about 42 Terrace Street
  • Cooling: None
  • Heating:
    • Forced air
    • Natural gas
  • Stories: 1.5
  • Structure Type: Duplex
  • Exterior Features: Brick
  • Foundation Details: Unknown
Interior Features Discover the interior design and amenities
  • Basement:
    • Unfinished
    • Separate entrance
    • N/A
    • N/A
  • Appliances:
    • Washer
    • Dryer
    • Two stoves
    • Two Refrigerators
  • Bedrooms Total: 3
Exterior & Lot Features Learn about the exterior and lot specifics of 42 Terrace Street
  • Water Source: Municipal water
  • Parking Total: 2
  • Parking Features: No Garage
  • Lot Size Dimensions: 125 x 40 FT
Location & Community Understand the neighborhood and community
  • Directions: Cross Streets: Josephine. ** Directions: Driving South on Adelaide, turn left onto Terrace St, the house is on the corner of Josephine on the left hand side.
Utilities & Systems Review utilities and system installations
  • Sewer: Sanitary sewer
Tax & Legal Information Get tax and legal details applicable to 42 Terrace Street
  • Tax Annual Amount: 2682
  • Zoning Description: R2-2
Additional Features Explore extra features and benefits
  • List A O R: London and St. Thomas
  • List A O R Key: 13
  • Living Area Maximum: 1500
  • Living Area Minimum: 1100
  • Bedrooms Above Grade: 3
  • Frontage Length Numeric: 125
  • Frontage Length Numeric Units: feet
Room Dimensions
Type Level Dimensions
Living room Main level 3.97 x 3.76
Kitchen Main level 4.52 x 4
Bathroom Main level 2.89 x 2.71
Bedroom Main level 2.89 x 2.71
Bedroom 2 Main level 2.98 x 2.89
Living room Second level 5.46 x 4.22
Kitchen Second level 4.51 x 2.41
Other Ground level 5.62 x 2.35
Other Ground level 3.97 x 2.67

Nearby Listings Stat Estimated price and comparable properties near 42 Terrace Street

Active listings
25
Min Price
$312,500
Max Price
$649,900
Avg Price
$485,781
Days on Market
67 days
Sold listings
7
Min Sold Price
$379,900
Max Sold Price
$829,900
Avg Sold Price
$547,771
Days until Sold
63 days

Nearby Places Nearby schools and amenities around 42 Terrace Street

London South Secondary School (1.6 km)
371 Tecumseh Ave, London

H.B. Beal Secondary School (1.7 km)
London

Catholic Central High School (2 km)
450 Dundas St, London

Western Fair (1.5 km)
316 Rectory Street, London

Aeolian Hall (1.9 km)
795 Dundas St, London

Mandarin Restaurant (1.6 km)
387 Wellington Rd, London

London Police Service (1.8 km)
601 Dundas St, London

Banting House National Historic Site (2 km)
442 Adelaide St N, London

Hilton London (2 km)
300 King St, London

Delta London Armouries Hotel (2 km)
325 Dundas St, London

Amici Italian Restaurant (2 km)
350 Dundas St, London

Price History

November 3, 2025
by BLUE FOREST REALTY INC.
$429,000
42 Terrace Street
More Details?
TAYLOR IVANY
  • TAYLOR IVANY
  • BLUE FOREST REALTY INC.
  • 519-614-0405
  • Website

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