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
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$479,900
Est. payment /mo
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4 Beds
2 Baths
New

242 Victoria ST Central Elgin, ON N0L 1B0

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Mico Radulovic

Mico Radulovic

+1(519) 722-3434

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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

Building Age 100+

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

Community Belmont

Area Elgin

Rooms

Family Room Yes

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)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Privacy, Porch

Parking Features Available, Front Yard Parking, Lane, Private, Private Double

Garage Spaces 2.0

Pool None

Roof Type Shingles

Topography Level

Lot Frontage 66.0

Lot Depth 115.5

Total Parking Spaces 6

Building

Unit Features Library,Park,Place Of Worship

Foundation Concrete

Listed by CENTURY 21 FIRST CANADIAN CORP

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agent

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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242 Victoria ST

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