


$1,500,000
Quinte West
40 Frankford Crescent, Quinte West (Trenton Ward), Ontario, K8V4L2
This retail property in Quinte West is for sale offering roughly 14,752 sq ft of space.
Commercial multi-unit investment opportunity featuring 15 units in total, including 14 commercial units and 1 residential unit, totaling approximately 14,752 sqft. The property is currently occupied by commercial tenants and offers separate hydro metering for each unit. Zoned SM-1, with a rezoning process currently underway to allow for the conversion of the entire building into residential units. During the construction process following rezoning approval, the building is expected to allow for continued mixed-use occupancy until the residential conversion is completed (subject to applicable approvals and requirements). A great opportunity for investors, commercial landlords, or developers looking to acquire an income-producing property with future residential redevelopment potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 117 days on market, against an average age of 86 days across the listings currently for sale in this city
This retail 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 $1,500,000, about 19.6× the local median household income of $76,500.
Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 283% above the area median.
Source: Statistics Canada, 2021 Census (FSA K8V)
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