Address
290 Dundas Street W, Quinte West (Trenton Ward), ON
Price
$ 3,500,000
Property Attributes
- ID#X13548206
- TypeMulti-Family
- Listing Status Active
- MunicipalityQuinte West (Trenton Ward)
- CityQuinte West (Trenton Ward)
- AreaTrenton Ward
- NeighbourhoodTrenton Ward
- Postal CodeK8V 3S1
- Style
- Price$ 3,500,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage19994
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor's office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | CC & R4 |
| CommunityName | Trenton Ward |
| Building Cooling Type | Fully air conditioned |
| Location Description | Dundas St W and Catherine Street |
| Building Type | Multi-Family |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Hot water radiator heat, Forced air |
| Building Heating Fuel | Natural gas |
| Living Area Range | 19994 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in K8V 3S1
Price
In The Neighbourhood
Quinte West (Trenton Ward)
$ 3,000
- Type
- Multi-Family
- Rooms
- 1 Beds + 1.5 Baths
Century 21 Lanthorn Real Estate Ltd.
Quinte West (Trenton Ward)
$ 3,500
- Type
- Multi-Family
- Rooms
- 2 Beds + 2 Baths
Century 21 Lanthorn Real Estate Ltd.
Quinte West (Trenton Ward)
$ 690,000
- Type
- Multi-Family
- Size
- 3,678 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX Jazz INC.
Quinte West (Trenton Ward)
$ 799,000
- Type
- Multi-Family
- Rooms
- 6 Beds + 4 Baths
Royal Lepage Proalliance Realty
Quinte West (Trenton Ward)
$ 799,000
- Type
- Multi-Family
- Size
- 8,640 SqFt
- Rooms
- 0 Beds + 4 Baths
Royal Lepage Proalliance Realty
Quinte West (Trenton Ward)
$ 479,900
- Type
- Multi-Family
- Rooms
- 6 Beds + 3 Baths
RE/MAX Quinte John Barry Realty Ltd.
Quinte West (Trenton Ward)
$ 939,500
- Type
- Multi-Family
- Rooms
- 10 Beds + 6 Baths
RE/MAX REALTRON REALTY INC.
Quinte West (Trenton Ward)
$ 2,000,000
- Type
- Multi-Family
- Size
- 9,171 SqFt
- Rooms
- 0 Beds + 0 Baths
Royal Lepage Proalliance Realty
Quinte West (Trenton Ward)
$ 1,989,000
- Type
- Multi-Family
- Size
- 11,347 SqFt
- Rooms
- 0 Beds + 0 Baths
RE/MAX REALTRON REALTY INC.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
