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42 TERRACE STREET, London, Ontario, N5Z 2X4

MLS® # X11976341
Investment For Sale In Glen Cairn, London, Ontario
$449,900
Two hydro meters - 42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON -
Corner lot - 42 Terrace Street, London, ON - Outdoor With View
Main floor - 2 bedroom - 42 Terrace Street, London, ON - Other
Main floor 2 bedroom - 42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
Basement - 42 Terrace Street, London, ON - Other
Basement - Potential ARU - 42 Terrace Street, London, ON - Indoor Photo Showing Other Room
Separate entrance to basement - 42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Outdoor With Deck Patio Veranda With Exterior
Upper - Bachelor - 42 Terrace Street, London, ON - Other
Upper Bachelor Unit - 42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON -
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
Backyard with additional storage shed - 42 Terrace Street, London, ON - Outdoor
Basement enrance - 42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With Exterior
42 Terrace Street, London, ON - Outdoor
Two hydro meters - 42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON -
Corner lot - 42 Terrace Street, London, ON - Outdoor With View
Main floor - 2 bedroom - 42 Terrace Street, London, ON - Other
Main floor 2 bedroom - 42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
Basement - 42 Terrace Street, London, ON - Other
Basement - Potential ARU - 42 Terrace Street, London, ON - Indoor Photo Showing Other Room
Separate entrance to basement - 42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Indoor Photo Showing Basement
42 Terrace Street, London, ON - Outdoor With Deck Patio Veranda With Exterior
Upper - Bachelor - 42 Terrace Street, London, ON - Other
Upper Bachelor Unit - 42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON -
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
Backyard with additional storage shed - 42 Terrace Street, London, ON - Outdoor
Basement enrance - 42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With Exterior
42 Terrace Street, London, ON - Outdoor
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42 TERRACE STREET, London, Ontario, N5Z 2X4
$449,900

Property Information:

This licensed duplex is a fantastic opportunity for investors or homeowners looking to offset their mortgage! The vacant 2-bedroom main floor unit is move-in ready, making it perfect for a house hack or a mortgage helper. The upper bachelor unit is already leased, providing steady rental income.The unfinished basement offers excellent potential to increase value, with great ceiling height, a separate walkout, and a spacious layout. Whether you expand the main unit's living space, provide additional tenant storage, or install a coin-operated laundry for extra income, the options are there.Additional perks include a large shed that has previously been rented out for extra revenue. Recent updatesdeck repairs, fresh paint in the main unit, a new vanity, toilet, and bathroom windowensure the property is well-maintained and move-in ready.Located on a corner lot with two parking spaces and a generous backyard, this duplex is minutes from Victoria Hospital, public transit, and key amenities. Don't miss this chance to own a turnkey home with rental income potential! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 40.0 Feet
  • Lot Frontage: 125.0 Feet
  • Lot Size: 125 x 40 FT
  • Zoning: R2-2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: BLUE FOREST REALTY INC.

REALTOR.ca  

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Location of 42 TERRACE STREET, London, Ontario, N5Z 2X4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 42 TERRACE STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 42 TERRACE STREET , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 42 TERRACE STREET, London, Ontario, N5Z 2X4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,123.74

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.84 %

High school certificate or equivalent

37.01 %

Apprenticeship trade certificate/diploma

6.41 %

College/non-university certificate

25.02 %

University certificate (below bachelor)

0.69 %

University Degree

9.02 %

Commuter

Travel To Work

By Car

81.07 %

By Public Transit

7.9 %

By Walking

3.87 %

By Bicycle

0.32 %

By Other Methods

6.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.5 %

Houses

60.5 %

Own Vs. Rent

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