ON > Central Elgin > Belmont
Central Elgin, ON N0L 1B0,242 Victoria ST
Central Elgin, ON N0L 1B0,242 Victoria ST
Central Elgin, ON N0L 1B0,242 Victoria ST
Central Elgin, ON N0L 1B0,242 Victoria ST
Central Elgin, ON N0L 1B0,242 Victoria ST
Central Elgin, ON N0L 1B0,242 Victoria ST
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Sue Creed

Sue Creed

+1(416) 903-2293
$ 479,900
Est. payment | /mo

4 Beds

2 Baths

Save
$ 479,900
Est. payment | /mo
Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Belmont

MLS Listing ID X12370475

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,062

Tax Year 2024

Property Sub-Type Duplex

Property Description

ATTENTION INVESTORS & HOMEOWNERS SEEKING MORTGAGE SUPPLEMENT! Rare opportunity to own a legal up/down duplex in the welcoming community of Belmont. Whether you're seeking a turn-key income property or a home with rental potential to help offset your mortgage, this property checks all the boxes. Ideally located minutes from London, St. Thomas, and Highway 401, Belmont offers small-town charm with easy access to city amenities. Local favorites include Tim Hortons, Fresh mart, LCBO, Belmont Arena, Union Street Park, Belmont Golf Club, and Belmont Town Restaurant & Catering. Situated on a quiet street with a generous lot, the property features a private double-wide driveway with parking for 4+ vehicles and a large 18x36 garage/workshop. Each unit (main and upper) boasts 2 spacious bedrooms, a full bath, full kitchen, open living/dining area, in-suite laundry, separate hydro meters, and private entrances. The main floor tenant currently enjoys exclusive use of the garage, set up as a workshop/man cave. The backyard offers plenty of greenspace and backs onto Belmont United Church, creating a peaceful setting. Both units are tenanted month-to-month by quiet, long-term residents who would be happy to stay, providing immediate cash flow. Well maintained and truly turn-key, this duplex offers flexibility, steady income, and a lifestyle opportunity in a growing, family-friendly community.

Location

Province ON

County Elgin

Area Elgin

Rooms

Basement Unfinished, Partially Finished

Kitchen 2

Interior

Interior Features Accessory Apartment, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage Area Lockers, Water Heater, Workbench

Cooling Window Unit(s)

Inclusions Refrigerator x2, Stove x2, Washer x2, Dryer x2

Exterior

Exterior Feature Privacy, Porch

Parking Features Detached

Garage Spaces 2.0

Pool None

Roof Type Shingles

Total Parking Spaces 6

Building

Building Age 100+

Foundation Concrete

Lited by CENTURY 21 FIRST CANADIAN CORP

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Sue Creed

Sue Creed

Broker, Managing Director

+1(416) 903-2293

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242 Victoria ST