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$649,900

Central Elgin (Belmont) ON, N0L 1B0

MLS® # X12250820

Property Information:

Charming triplex in the heart of Belmont Village! This well maintained triplex 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 unites each offer 2 bedrooms, while the lower unit features a cozy one bedroom layout. All 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. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Features: Sump Pump
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.3 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 132.4 FT
  • Structure Type: Porch, Workshop
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living 2nd Level 3.47 m x 3.68 m
  • Bathroom 2nd Level 1.46 m x 2.17 m
  • Bedroom 2nd Level 3.47 m x 3.62 m
  • Bedroom 2nd Level 2.34 m x 3.75 m
  • Dining 2nd Level 3.47 m x 2.13 m
  • Kitchen 2nd Level 3.03 m x 3.60 m
  • Bathroom Basement Level 2.45 m x 2.01 m
  • Bedroom Basement Level 2.72 m x 4.55 m
  • Kitchen Basement Level 2.64 m x 4.34 m
  • Living Basement Level 4.13 m x 4.51 m
  • Utility Basement Level 2.72 m x 2.43 m
  • Bathroom Main Level 1.66 m x 2.32 m
  • Bedroom Main Level 2.93 m x 3.26 m
  • Bedroom Main Level 2.06 m x 4.31 m
  • Kitchen Main Level 3.45 m x 4.41 m
  • Living Main Level 3.46 m x 6.04 m

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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 249 VICTORIA STREET, Central Elgin (Belmont), Ontario, N0L 1B0

Demographic Information of 249 VICTORIA STREET, Central Elgin (Belmont), Ontario, N0L 1B0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$145,336.33

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.04 %

High school certificate or equivalent

27.93 %

Apprenticeship trade certificate/diploma

9.52 %

College/non-university certificate

31.4 %

University certificate (below bachelor)

1.49 %

University Degree

19.63 %

Commuter

Travel To Work

By Car

97.55 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

2.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.07 %

Houses

93.93 %

Own Vs. Rent