11031 Belmont Rd, BELMONT

$950,000

3 Beds
3 Baths
0 Sqft
2½ Acres
2 Garages

Welcome to country tranquility. This property boasts a beautiful 3 bed, 3 bath home complete with custom built kitchen with solid surface counter tops. Now to the nuts and bolts. There is 600 volts of power feeding the shop, stepped down to 200 amp service to feed the equipment and the home. The real secret is the direct income to owner by way of a fully paid for solar power setup on the south side of the shop's roof. This system is supplying the owner with approx. $12,000.00 income per year with over 12 years left on the solar contract at .82 cents per kilowatt hour is scheduled to produce approximately $140,000. 00 to $150,000.00 remaining income for the owners. Don't miss this opportunity to work and play where to stay. Measurements are approx. and to be verified.
Solar system not included in the new price. Solar system equipment and contract negotiable.

Essential Information
MLS® #193664
Price$950,000
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Acres2.50
TypeResidential
Sub-TypeResidential
Style1 Storey, Bungalow
StatusActive
Community Information
Address11031 Belmont Rd
AreaCE
CityBELMONT
CountyElgin County
ProvinceON
Postal CodeN5P 3T3
Amenities
# of Garages2
GaragesAttached
PoolNone
Features

Alarm System, Carbon Monoxide Detector, Gas Stove(s), Hot Tub, In-law Capability, Main Floor Laundry, Smoke Detector, Sump Pump, Winterized, Work Bench

Interior
HeatingForced Air-Gas
FireplaceYes
FireplacesNatural Gas, Wood Stove
Basement

Separate Entrance, Walk-Up, Partially Finished

Exterior
ExteriorBrick
Lot Description1-2.99 Acres
RoofAsphalt
FoundationPoured Concrete
Exterior Features

Backs on Greenbelt, Deck(s), Fenced Partial, Hot Tub, Patio(s), Year-Round Living

Listing Details
OfficeCENTURY 21 NETWORK REALTY LTD.
Property History
Price Reduced from $1,200,000 to $950,000
LISTING MAP

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