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$399,900
Quinte West
188 Dundas Street West, Quinte West (Trenton Ward), Ontario, K8V3R2
This multi-family property in Quinte West is for sale offering roughly 1,750 sq ft of space. It has been on the market 55 days, fresher than the Quinte West average of 87 days.
VACANT DUPLEX - SET YOUR OWN RENTS! Recently renovated side-by-side duplex offering projected market rents of approximately $4,000/month or $48,000/year in gross rental income. Both units are vacant and ready for immediate occupancy or rental. Featuring a spacious 3-bedroom, 1.5-bathroom unit plus a separate 1-bedroom, 1-bathroom unit, each with private entrances and separately metered utilities, plus an oversized driveway with ample parking. With no existing tenants to assume, an investor can select their own tenants and establish current market rents from day one. Also ideal for buyers looking to live in one unit while renting the other to help offset carrying costs, or for multigenerational living with two separate residences under one roof. Walk to Downtown Trenton, shopping, restaurants, the marina, parks, library and everyday amenities, with Trenton Memorial Hospital and CFB Trenton only minutes away. A turnkey opportunity for investors, owner-occupiers and extended families. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 87 days across the listings currently for sale in this city
This 4-bed multi-family in Quinte West (Trenton Ward) has been listed for 55 days, which is 32 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,900, about 5.2× the local median household income of $76,500.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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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