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$3,500,000

290 DUNDAS STREET W, Quinte West (Trenton Ward), Ontario, K8V 3S1

MLS® # X13548206

Quinte West (Trenton Ward) ON, K8V 3S1

MLS® # X13548206

Property Information:

Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor's office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 19994 sqft
  • Heating Type: Hot water radiator heat, Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 19994 Square Feet
  • Irregular: Yes
  • Lot Depth: 172 Feet
  • Lot Frontage: 240 Feet
  • Lot Size: 240 x 172 FT
  • Zoning: CC & R4

Courtesy of: EKORT REALTY LTD.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 290 DUNDAS STREET W, Quinte West (Trenton Ward), Ontario, K8V 3S1

Demographic Information of 290 DUNDAS STREET W, Quinte West (Trenton Ward), Ontario, K8V 3S1

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,964.08

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.67 %

High school certificate or equivalent

36.84 %

Apprenticeship trade certificate/diploma

10.11 %

College/non-university certificate

25.76 %

University certificate (below bachelor)

0.19 %

University Degree

9.42 %

Commuter

Travel To Work

By Car

92.01 %

By Public Transit

0.0 %

By Walking

6.28 %

By Bicycle

0.42 %

By Other Methods

1.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.52 %

Houses

58.48 %

Own Vs. Rent