242 Victoria Street, Belmont

$479,900

4 Beds
2 Baths
2,000 Sqft
0 Acres
2 Garages

ATTENTION INVESTORS! Extremely rare opportunity to purchase an up/down legal duplex in beautiful Belmont. This rural community may be small but mighty as it has become very desirable over recent years. With its stellar location minutes from London, St. Thomas and Highway 401 the amenities are vast and include local staples such as Tim Horton's, Freshmart, LCBO, Belmont Arena, Union Street Park, Belmont Golf Club and Belmont Town Restaurant & Catering. This income property is situated on a quiet street on a large lot with a large 18 x 36 garage/workshop. Both main floor and upper level units include 2 spacious bedrooms, each with full bath, full kitchen, dining/living room, in-suite laundry, separate meters and private entrances. Currently tenanted (month to month) with quiet, long-term, responsible tenants willing to stay. Main floor tenant uses the garage as a fantastic workshop/man cave. Backyard offers a large green space backing onto Belmont United Church. Private, double wide driveway includes space for 4+ vehicles. Well maintained, turn-key investment!

Essential Information
MLS® #40513908
Price$479,900
Bedrooms4
Bathrooms2.00
Square Footage2,000
Year Built1910
TypeResidential Income
Sub-TypeDuplex Up/Down
StatusActive
Community Information
Address242 Victoria Street
AreaCentral Elgin
SubdivisionBelmont
CityBelmont
CountyElgin
ProvinceON
Postal CodeN0L 1B0
Amenities
Parking Spaces6
# of Garages2
Parking

Detached Garage, Exclusive, Gravel

Interior
Interior FeaturesSeparate Hydro Meters
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementPartial, Unfinished
# of Stories2
Appliances

Dryer, Refrigerator, Stove, Washer

Exterior
RoofShingle
ConstructionAluminum Siding
FoundationConcrete Block
Exterior Features

Private Entrance, Separate Hydro Meters

Lot Description

Rectangular, Park, Place of Worship, Playground Nearby, Quiet Area, School Bus Route, Schools, Shopping Nearby

Additional Information
Days on Market165
Listing Details
Office

CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Property History
Price Reduced from $499,900 to $479,900
LISTING MAP

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