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Home ON Hastings Quinte West
166 WEST STREET
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166 WEST STREET $375,000
$375,000
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166 WEST STREET
Quinte West (Trenton Ward), Ontario K8V2M7

MLS® Number: X12256571
5 + 1
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

Why settle for a duplex when you can invest in a triplex? This affordable income-generating property in the heart of town represents a smart move for any investor. Fully tenanted with long-term, reliable renters, this well-maintained triplex brings in a solid gross annual income of $25,380 & offers a mix of units to appeal to a variety of renters from a cozy bachelor suite to a spacious three-bedroom. Set on a generous corner lot, the property boasts multiple driveways, a detached double garage with private access, & separate entrances for added convenience. The exterior is finished in a combination of stucco & vinyl siding, with a shared deck on the north side providing access to two of the units. Unit 1 is a three-bedroom, one-bath upper-level unit, rented at $630/month plus utilities. The tenant has called this home for about five years & enjoys gas heating, two parking spaces, in-unit laundry (tenant-owned appliances), & exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath main-level unit rented at $850/month plus gas. With two private entrances & laundry located in the foyer, this unit has been home to the same tenant for approx. 9 years. It also includes gas heating & two dedicated parking spaces. Unit 3, located on the lower level, is a tidy bachelor apartment featuring an open-concept layout with kitchen, living, & sleeping areas. It's rented at $635/month all-inclusive, heated with electric baseboard, & includes appliances provided by the landlord. The unit has a private driveway & two parking spots, & the tenant has been in place for six years. The property features separate metering for hydro & water (one unit fully separate, two share a meter), & individual hot water tanks for each unit. Best of all, tenants handle their own lawn care & snow removal, making this a low-maintenance addition to your real estate portfolio. Detailed income & expense information is available don't miss out on this turn-key investment opportunity! (40802138)

Location Description

McCabe Street and Charlotte Street

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1500 - 2000 sqft
Community Name
Trenton Ward
Land Size
31.5 x 100.6 FT ; Back corner cut off 125.01 long side|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$2,163.43
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
33 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater, Water meter
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Features
Level lot, Irregular lot size, Level
Foundation Type
Stone
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Rental Equipment
Water Heater - Gas
Structures
Deck
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding, Stucco
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Public Transit, Schools
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
8

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
31 ft ,6 in
Land Depth
100 ft ,7 in
Other Property Information
Zoning Description
R3
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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