$350,000

For sale

167 Marmora Street, Quinte West (Trenton Ward) - Multi-family for Sale

167 Marmora Street, Quinte West (Trenton Ward), Ontario, K8V2J7

6 beds2 baths2 parking1,750 ft²35 × 134 ft (4,646 sq ft) lot sizeListed 34 days ago

Overview

This multi-family property in Quinte West is for sale offering roughly 1,750 sq ft of space. It has been on the market 34 days, fresher than the Quinte West average of 86 days.

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Description

Turn-Key Duplex with Trent River Views! This well-maintained duplex offers an excellent opportunity for investors or owner-occupiers, featuring two spacious 3-bedroom, 1-bathroom units, each with its own laundry and separate hydro meters. The main-floor unit is currently vacant, providing an opportunity for the new owner to occupy or secure a new tenant. The upper unit is currently rented for $1,153/month plus hydro. Enjoy beautiful views of the Trent River from this quiet, desirable location, conveniently close to the water and downtown amenities. Additional features include a durable metal roof and a partially fenced yard. A great opportunity to own a versatile income property in a fantastic location! (id:66096)

Property Details

MLS®: X13851784
Property Type: Multi-family
Zoning: R4
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 35 × 134 ft (4,646 sq ft)
Frontage: 35 ft
Storeys: 2
Basement: Finished, Partial
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Property Tax: $2,631.81/yr
Listed: 34 days ago

Rooms

Ground level

Living room: 4.36 x 3.48 meters
Kitchen: 3.6 x 3.48 meters
Bathroom: 2.18 x 2 meters
Utility room: 4.19 x 2.18 meters
Primary Bedroom: 2.84 x 2.84 meters
Bedroom 2: 2.84 x 2.72 meters
Bedroom 3: 3.27 x 2.84 meters

Second level

Utility room: 4.49 x 2.27 meters
Primary Bedroom: 3.17 x 3.03 meters
Bedroom 2: 3.03 x 2.69 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Stucco, Vinyl siding
Lot Features: Irregular lot size, Level

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Quinte West (Trenton Ward) listings, avg age

86d

Price / ft²

$200

List price

$350K

Haho

This 6-bed multi-family in Quinte West (Trenton Ward) has been listed for 34 days, which is 52 days fresher than the city average of 86. Act while there is still low competition.

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Listed by Exit Realty Group · Sandra Hussey

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8V)

This home lists at $350,000, about 4.6× the local median household income of $76,500.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 28,936
Median age: 43.6
Owner / renter: 67% / 33%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K8V)

$350,000· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,500

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,300 capitalized)

Property tax (est.)$219/mo

Total monthly$2,063

Cash Needed to Close

Down payment (5%)$17,500

Land transfer tax$3,725

Est. closing costs$3,550

Total cash needed$24,775

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