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$622,349
Quinte West
116 Nicholas Street, Quinte West (Trenton Ward), Ontario, K8V6B2
This multi-family property in Quinte West is for sale.
Excellent Investment Opportunity in the Heart of Trenton! Welcome to 116 Nicholas Street, a well-maintained duplex offering an excellent opportunity for investors or buyers looking to offset their mortgage with rental income. Conveniently located close to schools, shopping, restaurants, parks, downtown amenities, and CFB Trenton, this property enjoys strong rental appeal and a desirable location. Both units feature a functional two-storey layout with the main level offering a bright kitchen, comfortable living room, and bathroom, while the lower level provides private bedroom accommodations. Unit A features two bedrooms, one bathroom, and the convenience of its own in-suite laundry, making it an attractive option for tenants seeking comfort and independence. Unit B offers three bedrooms, its own laundry facilities, and a private deck-perfect for enjoying outdoor living space for relaxing or entertaining. Additional highlights include a paved driveway providing ample parking and separate living spaces designed to appeal to a variety of tenant needs. Whether you're adding to your investment portfolio or seeking a property with strong income-generating potential, 116 Nicholas Street presents an excellent opportunity in a growing community. With spacious unit layouts, private laundry in both units, outdoor space, and a convenient location, this duplex is a smart addition to any real estate portfolio. A turnkey investment with solid rental appeal and long-term potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 155 days on market, against an average age of 86 days across the listings currently for sale in this city
This 5-bed multi-family in Quinte West (Trenton Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $622,349, about 8.1× the local median household income of $76,500.
Carrying it typically needs a household income of about $121,567 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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