49 Terrace St

Live Cheap & Build Equity While Your Tenants Pay Your Mortgage, In This Updated & Well Maintained, Fully Licenced & Inspected, Purpose-Built Multiplex. The Upper 2-Bedroom 1-Bath Unit Is Fully Renovated And Immaculate, With Spacious Rooms And Balcony With View Of The City! Currently Owner Occupied, But Moving. The Main Level Is A 2-Bedroom 1-Bath Unit, With Great Tenant Paying $731/Mo + Hydro. The Lower Level Is A 1-Bedroom 1-Bath Unit That Could Be Converted Into A 2-Bedroom Unit, Currently Under-Rented At $621/Mo All Inclusive. All Units Separately Metered. Nearly $50,000 Has Gone Into Professional Renovations Over The Past 3 Years; All The Work Is Done For You, So You Can Relax And Do Some Gardening In The Front Or Back, Or Take A Quick Bike Ride Downtown Or Along The Nearby Thames River Pathways! Close Proximity To Victoria Hospital. Some Recent Upgrades Include: Furnace, Owned Water Heater, Electrical, Plumbing, Flooring, Some Drywall & Insulation, Landscaping, Bathroom, & More!