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129 Elgin Street

129 Elgin Street

Wellington North, ON

  • 6 bed
  • 3 bath
  • approx. 2500-3000 sqft
  • Duplex
  • 79 days on market
$499,900Price reduced 9%

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.

Listing Details

Taxes (2025)
$2,059
Originally Listed
$550,000
Listed
June 30, 2026

Price History

Property

Style
1 1/2 Storey
Age
100+
Construction
Brick, Other
Roof
Asphalt Shingle
Foundation
Stone
Interior
Water Heater
Lot Size
56.4 x 230 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Wellington St E
Zoning
R3
Parcel Number
710620046
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
2 Refrigerators, 2 Stoves, 1 Dishwasher
Exclusions
Tenant belongings

Schools

Elementary

  • Victoria Cross Public School0.4 km

    Public · Upper Grand DSB · 450 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • St Mary - Mount Forest Catholic Elementary School0.8 km

    Catholic · Wellington CDSB · 220 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 35% met the provincial standard

Secondary

  • Wellington Heights Secondary School1.1 km

    Public · Upper Grand DSB · 470 students

    Grade 10 literacy: 86% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

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 Wellington North · last 12 months

Median sold price
$560,000
Homes sold
187
Median days on market
46
Sale-to-list price
95.9%

Based on 187 recorded sales of residential freehold properties in Wellington North over the last 12 months.

Rooms

2-piece on Main, 3-piece on Second, 4-piece on Second

Second

  • Bathroom5'1" x 11'5"
  • Bathroom5'1" x 11'7"
  • Bedroom10'4" x 8'6"
  • Bedroom9'7" x 10'
  • Bedroom9'9" x 9'10"
  • Bedroom10'2" x 8'5"
  • Primary Bedroom6'11" x 13'10"
  • Primary Bedroom6'11" x 13'9"

Main

  • Bathroom2'9" x 6'7"
  • Dining Room13'7" x 10'11"
  • Dining Room13'9" x 11'
  • Kitchen13'7" x 12'1"
  • Kitchen13'9" x 12'2"
  • Living Room12'10" x 11'3"
  • Living Room12'10" x 11'3"
  • Other16'10" x 7'7"
  • Other3'3" x 7'11"
  • Other17'4" x 7'7"
  • Other3'3" x 8'1"

Listed by

Coldwell Banker WIN Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$99,980

Estimated Monthly Payment

$2,456

Land transfer tax

Estimated land transfer tax$6,473

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: $2,456/mo (20% down, 5.5%)

Taxes: $172/mo · Insurance: $125/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions This side-by-side duplex presents an excellent opportunity to build equity and generate income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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