
242 Victoria Street
Central Elgin (Belmont), ON N0L 1B0
- 4Bedrooms
- 2Bathrooms
- 6Parking
- 1500–2000Sq Ft
- $3,062Tax
- 66×116 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 242 Victoria Street, Central Elgin, Belmont
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-08-29 | 2025-12-31 | Login to See Prices | Expired | x12370475 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 242 Victoria Street, Central Elgin, Belmont
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 18x36 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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,062
- Land Transfer Tax Fee
- $6,073
Rental Items
- Under Contract
- Hot Water Heater
- Basement Type
- Unfinished, Partially Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Accessory Apartment, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage Area Lockers, Water Heater, Workbench
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Privacy, Porch
- Pool
- None
- Property Features
- Library, Park, Place Of Worship
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 66.00 ft
- Lot Depth
- 115.50 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Refrigerator x2, Stove x2, Washer x2, Dryer x2
Exclusions
- Exclusions
- Tenant's belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Central Elgin
- Neighbourhood
- Belmont
- Main cross streets
- CHURCH AND WASHBURN
- Directions
- CHURCH AND WASHBURN
- MLS® number
- X12370475
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-31
- Listed on
- 2025-08-29
- Days on market
- 124 days
- Possession type
- Flexible
- Co-op commission
- 2% plus HST
- Seller
- Listed by
- CENTURY 21 FIRST CANADIAN CORP
Home Market Value
Current home valuation for 242 Victoria Street, Central Elgin, Belmont, Central Elgin, ON. Listed for $479,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 242 Victoria Street, Central Elgin, Belmont
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,236 | $13,389 | $11,422 | $0 |
=Total mortgage | $474,141 | $445,299 | $419,337 | $383,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,315monthly | $2,174monthly | $2,047monthly | $1,874monthly |
Land Transfer Tax
$6,073
$6,073
Around this home
No schools found nearby
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