249 Victoria Street, Central Elgin, ON N0L 1B0

$599,900
5
BD
3
BA
1,500
SqFt

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List Price
$599,900
Price Change
▼ $50,000 1780424934
MLS#
X12250820
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Central Elgin
Area
Elgin
Neighborhood
Belmont
Subdivision
Belmont And Washburn

Property Description

Charming property in the heart of Belmont Village! This well maintained multi-unit dwelling offers a fantastic investment opportunity in a quiet, welcoming community. Set on a spacious mature lot, the property has seen numerous updates over the years, including a newer kitchen in both the main and upper units, refreshed upper unit bathroom, some new windows, and updated eaves, soffits, and fascia. A standout feature is the 24x24 detached garage/shop ideal for storage or added rental value. The upper and main floor units each offer 2 bedrooms, while the lower unit features a cozy one bedroom layout. Lower unit is currently vacant perfect for landlord living and other units are fully tenanted and generating solid income, making this a turnkey opportunity for investors looking to expand their portfolio. Located within walking distance to town amenities, this property combines convenience, charm, and cash flow.

Additional Information

Taxes
$3,964
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
3
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
5
Parking Type
Available, Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE TRILAND REALTY.