For Sale

242 Victoria Street, Central Elgin, Ontario N0L 1B0

$0

242 Victoria Street, Central Elgin, Ontario N0L 1B0 is For Sale and has a listing price of 479,900. The property is located in the Central Elgin neighbourhood . It's been on the website for 23 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12370475
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

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 18×36 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.

Property Details
  • Bedrooms: 4
  • MLS ID: X12370475
  • Bathrooms: 2
  • Price: $479,900
  • Lot Depth: 115.5
  • Transaction Types: For Sale
  • Ref ID: X12370475
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: CHURCH AND WASHBURN
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Duplex
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
08/29/2025 X12370475 $479,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Central Elgin
  • $1,200,298 Average List Price
    based on 1 year
  • 86 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 137.24 % Up
  • Sold (12mo) 148
  • Rented (12mo) 13

  • 1 Month Change -15.5%
  • 3 Month Change -10.1%
  • 6 Month Change -25.6%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 4
  • Exterior Aluminum Siding
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,062
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 29/08/2025 17:22:51
Want to see this property?