$479,900

Investment For Sale In Central Elgin (Belmont), Ontario

$479,900

Property Information:

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. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished, Partially finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Aluminum siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Park
  • Features: Lane, Level, Guest Suite
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 115.5 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 115.5 FT
  • Structure Type: Porch
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.