• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$479,900
Available - For Sale
Listing ID: X12370475
242 Victoria Stre , Central Elgin, N0L 1B0, Elgin


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
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP
Personal Picture
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Duplex
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Belmont
Style: 2-Storey
Lot Size: x 115.50(Feet)
Approximate Age: 100+
Tax: $3,062
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years