$949,000
Quinte West
241 Bellevue Drive, Quinte West (Sidney Ward), Ontario, K8N4Z5
This 6-bedroom, 3-bathroom home in Quinte West is for sale offering roughly 2,250 sq ft of space.
The Ultimate Student Housing & Multi-Generational Powerhouse in Quinte West: This massive, fully finished Bungalow is a cash-flow powerhouse boasting 2,480 sq. ft. above grade and a 2,680 sq. ft. walk-out basement, delivering over 5,400 sq. ft. of total carpet-free living space. The highly functional, turn-key layout is optimized for high-occupancy living, featuring 6 large bedrooms, 3 full bathrooms, and 3 separate kitchen areas that drastically reduce daily congestion. Situated on a sprawling 1.01-acre lot just minutes from Loyalist College, local transit, and Highway 401, the property sits directly in a high-demand rental hub where individual student market rents command between $800 to $1,200 per month per tenant. Beyond the strong residential yield, the property offers a massive private backyard, hardwood flooring in most of main floor area, a detached two-car garage, and a colossal driveway that accommodates up to 22 vehicles, completely eliminating student parking logistics. Adding to your immediate upside, an expansive gravel area at the rear includes a Sea Can storage unit, creating immediate opportunities for secondary revenue streams through yard storage or garage leasing. Solid mechanicals-including a forced air gas furnace, central air conditioning, a drilled well, and an owned water heater and softener-ensure low- maintenance, long term growth. Properties combining this scale of square footage, multi-kitchen facility, parking and location are rare. Don't Miss this one!! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 95 days on market, against an average age of 79 days across the listings currently for sale in this city
This 6-bed single family in Quinte West (Sidney 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 $949,000, about 12.0× the local median household income of $79,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8N)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.