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42 TERRACE STREET, London, Ontario, N5Z 2X4

MLS® # X8448924
Investment For Sale In Glen Cairn, London, Ontario
$529,900
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With Deck Patio Veranda With Exterior
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 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
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
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 Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Outdoor With Deck Patio Veranda With Exterior
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 Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON  - Outdoor
42 Terrace Street, London, ON  - Outdoor
42 Terrace Street, London, ON  - Outdoor With Deck Patio Veranda With Exterior
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 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
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
42 Terrace Street, London, ON - Indoor Photo Showing Bathroom
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 Other Room
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Outdoor With Deck Patio Veranda With Exterior
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 Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Kitchen
42 Terrace Street, London, ON - Indoor Photo Showing Other Room
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON - Other
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Outdoor
42 Terrace Street, London, ON - Outdoor With View
42 Terrace Street, London, ON - Outdoor With View
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42 TERRACE STREET, London, Ontario, N5Z 2X4
$529,900

Property Information:

This property features an upper bachelor unit with a cozy porch rented month to month and a vacant main floor 2-bedroom unit with an unfinished basement boasting great ceiling height and a basement walkout to the backyard. The main floor unit offers flexibility to move in, rent out, or finish the basement to increase the number of bedrooms and bathrooms, or potentially add an additional unit. This property has great income potential, with the option to rent out the large storage shed in the backyard for extra income as well. Recent updates include deck repairs, fresh paint in the main unit, a new vanity, and a new toilet. The property also has two parking spots, a huge backyard on a corner lot and is conveniently located near Victoria Hospital. Located in the heart of London, Chelsea Green is a vibrant neighbourhood with a strong community feel, perfect for this fantastic duplex investment opportunity. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Type: Full
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Park
  • Irregular: Yes
  • Lot Depth: 125.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 40 x 125 FT
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Rooms:

  • Kitchen Main Level 4.00 m x 4.52 m
  • Bathroom Main Level 2.89 m x 2.71 m
  • Primary Bedroom Main Level 2.89 m x 2.71 m
  • Bedroom Main Level 2.89 m x 2.98 m
  • Living Main Level 3.76 m x 3.97 m
  • Kitchen Upper Level 2.41 m x 4.51 m
  • Bathroom Upper Level 3.32 m x 1.32 m
  • Bedroom Upper Level 4.22 m x 5.46 m

Convert Measurement to:

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: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

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 Storm Risk:

14 storms expected in 2050

63/100

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.

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