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166 WEST STREET
Quinte West (Trenton Ward) Ontario , K8V2M7 , Canada
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Jason Ballas
Agent
Sales Representative
Phone: 613.394.4837

Royal LePage ProAlliance Realty
Brokerage:
253 DUNDAS STREET EAST
Trenton, ON
K8V1M1
Phone: 613.394.4837
Fax: 613.394.2897
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Rochelle Ballas
Agent Photo
Sales Representative
Phone: 613.394.4837

Brokerage:
Royal LePage ProAlliance Realty
253 DUNDAS STREET EAST
Trenton, ON
K8V1M1
Phone: 613.394.4837
Fax: 613.394.2897
$399,900.00
MLS® X12023503
Investment
Lot Frontage: 31.5 Feet
Lot Depth: 100.6 Feet
Lot Size: 31.5 x 100.6 FT ; Back corner cut off 125.01 long side
No. of Parking Spaces: 8
Floor Space (approx): 1500 - 2000 Square Feet
Total Bedrooms: 5
Total Bathrooms: 3
Zoning: R3
Remarks:
Do you know what's better than a duplex? A triplex! This affordable triplex in the heart of town is a fantastic investment opportunity, offering stable rental income with long-term, established tenants. With three units, ranging from a bachelor apartment to a three-bedroom unit, this fully rented property generates a gross rental income of $25,380 per year. Situated on a spacious corner lot, the property features multiple driveways, a detached double garage with a separate driveway, and multiple entrances for tenant convenience. The exterior is a combination of stucco and vinyl siding, and there is a deck on the north side serving two unit entrances. Unit 1 is a three-bedroom, one-bath unit on the second level, rented for $630/month plus hydro, gas, and water/sewer. The tenant, in place for approximately five years, enjoys gas heat, two parking spaces, laundry facilities (tenant-owned appliances), and exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath unit on the main level, rented for $850/month plus gas. With two separate entrances and laundry facilities in the foyer, this unit has housed the same tenant for 8 to 9 years. The unit includes gas heat and two parking spaces. Unit 3 is a bachelor apartment in the lower level, rented for $635/month all-inclusive. Featuring an open-concept kitchen, living area, and sleeping space, it is heated with electric baseboard heat. The landlord provides appliances, and the unit has a separate driveway with two parking spots. The tenant has been there for approximately six years. With separate metering for hydro and water (one unit fully independent, two units metered together) and individual hot water tanks for each unit, this self-sustaining property is a smart addition to any investment portfolio, with tenants maintaining lawn care and snow removal. Detailed income and expenses available. (id:7525)

Property Features:
  • Amenities Nearby: Hospital , Park , Public Transit , Schools
  • Community Features: Community Centre
  • Equipment Type: Water Heater - Gas
  • Features: Level lot , Irregular lot size , Level
  • Parking Type: Detached garage , Garage
  • Property Type: Multi-family
  • Rental Equipment Type: Water Heater - Gas
  • Sewer: Sanitary sewer
  • Structure Type: Deck
  • Utility Type: Cable - Available
  • Utility Type: Hydro - Installed
  • Utility Type: Sewer - Installed
Building Features:
  • Amenities: Separate Heating Controls , Separate Hydro Meters
  • Basement Type: N/A
  • Building Type: Triplex
  • Exterior Finish: Vinyl siding , Stucco
  • Foundation Type: Stone
  • Heating Fuel: Natural gas
  • Heating Type: Other

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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