249 Victoria Street
Central Elgin, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Triplex
- 438 days on market
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.
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Listing Details
- Taxes (2024)
- $3,965
- Originally Listed
- $677,000
- Listed
- June 27, 2025
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Sump Pump, Water Heater
- Lot Size
- 66 x 132.36 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- BELMONT AND WASHBURN
- Parcel Number
- 081940289
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Exclusions
- TENANTS BELONGINGS
- Rental Items
- HOT WATER HEATER
Community
Postal area N0L
- Population
- 49,817
- Private dwellings
- 19,408
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $100,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Central Elgin · last 12 months
- Median sold price
- $634,000
- Homes sold
- 214
- Median days on market
- 39
- Sale-to-list price
- 97.0%
Based on 214 recorded sales of residential freehold properties in Central Elgin over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second, 4-piece on Basement
Second
- Bathroom4'9" x 7'1"
- Bedroom7'8" x 12'4"
- Bedroom11'5" x 11'11"
- Dining Room11'5" x 7'
- Kitchen9'11" x 11'10"
- Living Room11'5" x 12'1"
Main
- Bathroom5'5" x 7'7"
- Bedroom6'9" x 14'2"
- Bedroom9'7" x 10'8"
- Kitchen11'4" x 14'6"
- Living Room11'4" x 19'10"
Basement
- Bathroom8' x 6'7"
- Bedroom8'11" x 14'11"
- Kitchen8'8" x 14'3"
- Living Room13'7" x 14'10"
- Utility Room8'11" x 8'
Listed by
ROYAL LEPAGE TRILAND REALTY
Walk Score
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Bike
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Location
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Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $330/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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