42 Terrace St

LEGAL DUPLEX: 5 bedrooms, 2 kitchens, 2 4pc baths and 4 parking spaces. Units have separate meters, entrances and laundry. Both units have lots of storage space. Bright upper 3-bedroom unit is well-maintained and will be vacant upon sale - ready for you or a tenant to move into. Rooms are all a great size and layout makes the most of the space. Enjoy your morning coffee on the cozy front porch, or for more privacy, the fenced-in side-yard that has a small patio and traditional vegetable garden. Lower 2-bedroom unit is rented month-to-month for $1,100+ utilities to a reliable tenant with a flawless rent payment history. Home is conveniently located across the street from Lester B. Pearson school and has easy access to parks and paths. It's steps away from public transit, a hardware store, pharmacy, Tim Hortons, bakeries, the Beer Store and more. This home's easy highway access adds to the convenience of its central location. 1 Rectory is a house you'll want to see for yourself - Its steady rental income and low price point makes it an attractive home to live or invest in.

This updated 1-1/2 story detached brick home is located in the vibrant Old East Village neighborhood, offering a perfect blend of classic charm and modern upgrades. The property features two separate entrances and a freshly painted brick exterior with revitalized garage and landscaping, creating impressive curb appeal. The deep lot provides plenty of outdoor space for gardening or recreation, and a vintage lamppost in the backyard evokes the neighborhood's historic character. Since 2017, there have been numerous updates, including a new roof, and in 2020, both kitchens and the main bathroom were renovated with new appliances, pot lights, and updated plumbing and electrical systems. The main-level br includes a triple-pane window for enhanced insulation and noise reduction. In 2021, heating improvements were made with the installation of panel radiators, most windows were replaced, and smart home features like a thermostat and bathroom fan were added for convenience. By 2022, outdoor spaces were transformed with a new deck, front steps, and essential plumbing upgrades. In 2023, a new gas HWT (owned) was installed, along with a built-in closet in the main floor br. The home was completely repainted inside and out in 2024, with additional landscaping enhancements and a new front porch light. Both breaker panels were also updated. The vacant main floor unit presents an excellent opportunity for owner-occupancy with the potential for rental income, or you can bring in your own tenants. The upper unit is currently set up as a 1-br but could easily be converted into a 2-br. Located just minutes from downtown, this home offers easy access to shopping, dining, entertainment, and all the amenities that make OEV a highly desirable neighborhood. With separate spaces, individual utility meters, and a wealth of upgrades, this property offers both versatility and comfort in a dynamic, sought-after area.

A Great Investment Opportunity 100 Mamelon Street, London Located on a quiet, mature street, the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9-foot ceilings throughout. The main floor also offers a large eat-in kitchen with vinyl-clad windows and a 4-piece bathroom.Venturing downstairs, you'll find a finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home.In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling.What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless.Whether you're an investor seeking a turnkey opportunity or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates.Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference.Don't miss out on this rare chance to own a versatile property. Contact us today to schedule a viewing and seize this remarkable investment opportunity.

Charming license up/down duplex in the heart of Old East Village! Steps to coffee shops, Western Fair Market, craft breweries, Boyle community centre, playground, transit links and more. Solid brick home features a bright one bedroom on the main, and an upper unit occupied by reliable, professional tenants who would like to stay. Vacant main floor unit provides an opportunity for an owner - occupied home with mortgage helper, or bring your own tenants. Upper unit is currently used as a one bedroom but could easily be converted to a two bedroom. This house also has the potential to be converted back to a single family home. Large main floor bathroom has plenty of space for a tub or in-suite laundry. Parking in back for two vehicles, with ample storage, shared laundry and sprinkler system in basement, good sound separation, and large covered front porch all add value to the property. Recent updates include new central air in June 2024 and new metal roof in 2018.

This legal duplex, zoned R3-2 is located in the downtown Woodfield District, is one block from Victoria Park, and has been recently updated. Brand new furnace and A/C unit late July/2024. Main floor unit is 2 bedroom with private back patio and upper unit is one bedroom with private upper deck, hardwood floors, vaulted living room ceiling and private entrance. Currently rented at 2100 main floor and 1985 upper so great current market rents. Shared laundry on main floor and parking out front for 4 cars. Lot is 150 ft deep so plenty of room for an addition. Investors come check this one out, and minimum 24 hours notice required for all showings due to tenants.

Dreaming of financial freedom? This legal duplex in London isn't just a home, its a strategic move for you, whether you're a first time home buyer or an investor seeking a great opportunity.This house has two separate apartments with 9 foot ceilings. The front unit is a large one bedroom apartment with a full kitchen, living area and huge bath. The back unit is a large bachelor with a backyard view and a covered patio. Each unit has a separate entrance. There are laundry hookups in each unit.The house is located in a highly populated student area with nearby shopping. The bus stops at the door. The property features a large backyard with shed and 3 car parking. As a bonus, there are plans and permit for a new garage and the 200 amp service and main floor framing are ready for a second floor. Hot Water heater owned. Don't miss this fantastic opportunity!

Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Selling as is.