42 Terrace Street, London South, Ontario N5Z 2X4 is For Sale and has a listing price of 449,000. The property is located in the London South . It's been on the website for 1 Day.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 11/03/2025 | X12503730 | $449,000 | For Sale | - | - |
| 05/26/2025 | X12173399 | $429,000 | For Sale | 07/24/2025 | - |
| 02/18/2025 | X11976341 | $449,900 | Cancelled | 05/26/2025 | - |