$450,000
↓ $100,000 from $550,000
Est. payment $1,993/moCalculate yours
129 Elgin Street S, Wellington North, ON N0G 2L1
Mount Forest, Wellington North, ON N0G 2L1
- 6 Beds
- 3 Baths
- 2,500 Sq Ft
Listing courtesy of Coldwell Banker WIN Realty MLS® X13504222
About this home
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
Overview
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- Extension
- Approximate Age
- 100+
- Size
- 2,500 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Partial Basement, Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick, Other
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 56.4 x 230 Feet
- Parking
- None garage · 2 total
- Zoning
- R3
Financial
- Property Taxes
- $2,059 (2025)
Location
- Neighbourhood
- Mount Forest
- Cross Street
- Wellington St E
- Direction Faces
- East
Listing
- MLS® Number
- X13504222
- Days on Market
- 110
- Listed On
- 2026-06-30
- Possession
- flexible
- Listed By
- Coldwell Banker WIN Realty
Rooms
Features
Interior
- Water Heater
Property
- Hospital
- Library
- Park
- Place Of Worship
- School
- Rec./Commun.Centre
Pool
- None
- Included
- 2 Refrigerators, 2 Stoves, 1 Dishwasher
- Excluded
- Tenant belongings
Mortgage calculator
Estimated mortgage payment
$1,993 per month
- Principal and interest
- $1,993
- Property tax
- $172
- Condo fees
- $0
- Estimated monthly cost
- $2,164
Your mortgage
- Mortgage amount
- $360,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,751
Cash to close
- Down payment
- $90,000
- Land transfer tax
- $5,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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