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$699,000
Quinte West
Ramsay Avenue, Quinte West (Trenton Ward), Ontario, K8V2P4
This multi-family property in Quinte West is for sale offering roughly 1,750 sq ft of space.
A once-in-a-lifetime chance for a unique property! Tucked peacefully at the end of a quiet dead-end road overlooking a ravine in Quinte West. Imagine owning a remarkably versatile FOUR-DWELLING property where modern updates meet boundless opportunity. Picture welcoming your family to a private multi-generational compound, or effortlessly managing a turnkey portfolio where tenants pay their own utilities with separate water and hydro meters. This unique parcel features four separate homes: three bright two-bedroom homes-each equipped with convenient laundry hookups-and one cozy bachelor-style residence, providing ideal spaces for varied living arrangements. Every home has been renovated throughout, including updated flooring, kitchens, bathrooms, insulation, and durable metal roofs overhead for long-term peace of mind. A detached shed wrapped with matching neutral siding adds both utility and uniformity to the grounds. With one unit currently owner-occupied, you can comfortably move in and let the surrounding units help support your mortgage, or optimize the entire site as a low-maintenance investment property with room to grow future revenues. Flexible financing is possible, as the seller is open to considering a Vendor Take-Back mortgage. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 104 days on market, against an average age of 86 days across the listings currently for sale in this city
This 6-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 $699,000, about 9.1× the local median household income of $76,500.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 78% 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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