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. |
Price | $479,900 |
Taxes: | $3062.00 |
Occupancy: | Tenant |
Address: | 242 Victoria Stre , Central Elgin, N0L 1B0, Elgin |
Directions/Cross Streets: | CHURCH AND WASHBURN |
Rooms: | 12 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Unfinished, Partially Fi |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 4 | Second |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Aluminum Siding |
Garage Type: | Detached |
(Parking/)Drive: | Available, |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Available, |
Park #2 | |
Parking Type: | Available |
Park #3 | |
Parking Type: | Front Yard |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Library, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 FIRST CANADIAN CORP |
|
Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Elgin |
Municipality: | Central Elgin |
Neighbourhood: | Belmont |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $3,062 |
Beds: | 4 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |