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129 Elgin Street

Mount Forest / Wellington North, ON N0G 2L1

NewActiveFor Sale
6 Beds
3 Baths
2,500 Sq Ft
Multi-Family

About This Property

Attention investors and first-time home buyers! This side-by-side duplex presents an excellent opportunity to build equity and generate income. Live in one unit while renting the other to help offset your mortgage, or add a solid investment property to your portfolio with room for future growth. Designed for easy ownership and management, each unit offers separate living spaces, individual driveways, and private yard areas, providing added convenience and privacy for tenants. Both units feature three bedrooms, while one unit also includes the added benefit of a convenient 2-piece bathroom. Constructed with durable yellow brick, this property is ideally located within walking distance of downtown amenities, schools, and the laundromat, making it an attractive option for tenants and owner-occupants alike. Whether you're looking to get started in real estate investing or searching for a home that helps pay for itself, this duplex is a fantastic opportunity with plenty of potential.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms6
Bathrooms3
ListedJune 30, 2026
Postal CodeN0G 2L1

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13504222

Listed by Coldwell Banker WIN Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$550,000

asking price

MLS®X13504222
TypeMulti-Family
CityWellington North
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,686

/month · $440,000 mortgage

Down Payment20% — $110,000
Interest Rate5.5%

Amortization

Total Interest

$365,717

Total Cost

$805,717

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Coldwell Banker WIN Realty