Detached House for sale at 54 Terrace Street, London South, Ontario, N5Z 2X6 - South I - MLS: X12869896

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54 Terrace Street

London South, Ontario, N5Z 2X6 - South I

$349,900

Neighbourhood

South I
Major Intersection

Adelaide

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

2
Bathrooms

1
Basement

Finished
Kitchen

1
Total Parking

3 (1 Attached Garage)
Lot Size

45x120 (Feet)
Taxes

$2,313.00 (2025)
Type

Freehold

Property Description

Property description for 54 Terrace Street, London South

Looking for an affordable home under $350,000 with room to add your own personal touches? Welcome to 54 Terrace St., located in the desirable Chelsea Green area of London.This unique home offers just under 600 square feet on the main level, featuring 2 bedrooms, a bright living room, and a functional kitchen. The lower level adds extra living space with a bathroom, cozy family room, laundry/utility area, and a home office currently being used as a third bedroom.Step through the kitchen's French doors onto the impressive 16 x 17 ft. deck, perfect for entertaining or relaxing while overlooking the spacious backyard.Enjoy quiet evenings on the charming front porch, and take advantage of the extra-long attached single-car garage, ideal for parking, storage, or even a workshop.With great potential and located in a convenient neighbourhood, this property is a fantastic opportunity for first-time buyers, renovators, or investors.

Listed by CENTURY 21 FIRST CANADIAN CORP

Property details

MLS #

X12869896
Sq. Ft

< 700
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 1 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12869896
Sq. Ft

< 700
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

n/a
Garage

Attached, 1 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

3.73 x 3.6 ft Main level
Br

2.89 x 3.09 ft Main level
2nd Br

2.89 x 2.8 ft Main level
Kitchen

3.2 x 2.66 ft Main level
Office

2.99 x 3.58 ft Lower level
Family

3.52 x 3.93 ft Lower level
Laundry

3.96 x 2.2 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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