242 Victoria Street, Central Elgin (Belmont) ON

About 242 Victoria Street

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. (id:56071). Get more information on 242 Victoria Street

Property Features

Appliances:  Water Heater, Dryer, Stove, Washer, Refrigerator
Features:  Lane, Level, Guest Suite
Rental Equipment:  Water Heater
Directions:  CHURCH AND WASHBURN
Interior Size:  1500 - 2000 sqft
Amenities:  Separate Electricity Meters
Lot:  66 x 115.5 FT 66 x 115.5 FT
Exterior Finish:  Aluminum siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Window air conditioner
Age: 100+ years
Foundation: Concrete
Basement:  N/A (Partially finished) Partially finished

Rooms & Sizes