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.
Listing IDX12370475
Address242 Victoria Street
CityCentral Elgin, Ontario
Price$479,900
Bed / Bath4 / 2 Full
Style2-Storey, Duplex
ConstructionAluminum Siding
TypeMulti-Family
StatusFor Sale
