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249 Victoria Street

Belmont / Central Elgin, ON N0L 1B0

NewActiveFor Sale
5 Beds
3 Baths
1,500 Sq Ft
Multi-Family
Virtual Tour Available

About This Property

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 units each offer 2 bedrooms, while the lower unit features a cozy one bedroom layout. Lower unit is currently vacant perfect for landlord living and other 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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms3
ListedMarch 3, 2026
Postal CodeN0L 1B0

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12250820

Listed by ROYAL LEPAGE TRILAND 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.

$599,900

asking price

MLS®X12250820
TypeMulti-Family
CityCentral Elgin
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,929

/month · $479,920 mortgage

Down Payment20% — $119,980
Interest Rate5.5%

Amortization

Total Interest

$398,897

Total Cost

$878,817

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

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Listed By

ROYAL LEPAGE TRILAND REALTY