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.
Address
249 Victoria Street
List Price
$677,000
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Central Elgin
Sub-Area
Belmont
County
Elgin
Bedrooms
5
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
132.36
Lot Size Units
Feet
Lot Width
66
MLS® Number
X12250820
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Basement Area
Separate Entrance, Finished
Postal Code
N0L 1B0
Parking
Available, Private
Parking Places (Total)
5
Tax Amount
$3,964.74
Tax Year
2024
Exterior Features
Porch
Interior Features
Sump Pump, Water Heater
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick, Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage Type
None
Kitchens Total
3
Other Structures
Workshop
Pool Features
None
Roof
Asphalt Shingle
Waterfront
No
Sewer
Sewer