$519,900

Investment For Sale In Quinte West (Sidney Ward), Ontario

$519,900

Property Information:

Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss. (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Architectural Style: Bungalow
  • Basement Development: Partially finished
  • Basement Type: Full, N/A, N/A
  • Easement: Unknown
  • Exterior Finish: Aluminum siding, Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Propane
  • Cooling Type: Window air conditioner
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 2
  • Amenities Nearby: Golf Nearby
  • Features: Wooded area, Irregular lot size, Flat site
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 282.3 Feet
  • Lot Frontage: 82 Feet
  • Lot Size: 82 x 282.4 FT
  • Structure Type: Porch
  • Utility Type: Cable - Available, , Wireless - Available,
  • Zoning: RR
  • Sewer: Septic System
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Utility Basement Level 2.27 m x 9.02 m
  • Kitchen Main Level 3.45 m x 3.21 m
  • Living Main Level 3.54 m x 6.16 m
  • Primary Bedroom Main Level 4.38 m x 2.58 m
  • 2nd Bedroom Main Level 2.62 m x 4.55 m
  • 3rd Bedroom Main Level 3.35 m x 2.46 m
  • Bathroom Main Level 2.62 m x 1.54 m
  • Dining Main Level 2.41 m x 1.91 m
  • Living Main Level 3.56 m x 6.17 m
  • Primary Bedroom Main Level 2.62 m x 4.57 m
  • 2nd Bedroom Main Level 4.38 m x 2.55 m
  • 3rd Bedroom Main Level 3.35 m x 2.45 m
  • Bathroom Main Level 2.63 m x 1.49 m
  • Kitchen Main Level 3.45 m x 3.14 m
  • Dining Main Level 2.41 m x 1.98 m

Courtesy of: EXP REALTY, BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.