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Living room with furniture, wood/laminate floor for 42 Terrace St, London South Ontario N5Z 2X4
1 day on Market

42 Terrace St, London South, Ontario N5Z 2X4

Townhouse
3
2
~1100-1500 sqft
$449,000
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Townhouse
3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$354/sqft

Monthly cost

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Description

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.


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Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size5,000 SqFt(40 x 125)
Parking Spaces2
MLS ®NumberX12503730
Community NameGlen Cairn
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Forced Air
Basement: Sep Entrance, Unfinished

Main Floor

Kitchen

4.52 x 4.0

Bathroom

2.89 x 2.71

Br

2.89 x 2.71

2nd Br

2.98 x 2.89


Features

Lot size: 5,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Market Data - Glen Cairn

Geo Zone Map ThumbnailGlen Cairn

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

71 days

Compared to

2024

0 day

2023

2 days

2022

24 days

New Listings

Past 30 days

4 listings

Compared to

2024

0 listing

2023

2 listings

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$625,000

Compared to

2023

$720,500

2022

$480,000


Population and Demographics

Overview

Total population 16270
Average household income $88,351

Age (%)

0 to 19
25%
20 to 34
20%
35 to 49
19%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
63%
Single person
31%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
81%
Spanish
4%
Arabic
4%
Others
3%
Polish
2%
Portuguese
2%
Italian
1%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget