Situated on a serviced lot of nearly half an acre, this property offers an opportunity for builders, investors, or buyers looking for their next project. Whether you're considering renovating the existing home or exploring future redevelopment possibilities, subject to any required approvals, this property offers plenty of potential. This 1-storey home includes 3 bedrooms on the second floor. The main level offers a living room, kitchen, 4-piece bathroom, and main-floor laundry. Additional features include covered front and rear porches, a fenced backyard, storage shed and an owned hot water tank. Offering plenty of potential at an affordable price, this is a great opportunity to secure a serviced property in the welcoming community of Belmont, with parks, schools, local amenities, and convenient access to London, St. Thomas, and Highway 401.