290 Dundas Street W Quinte West, Ontario K8V 3S1

19,994 sqft
Fully Air Conditioned Hot Water Radiator Heat, Forced Air

$3,500,000

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:15069)

Property Details

MLS® Number X13548206
Property Type Multi-family
Community Name Trenton Ward

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Forced Air
Size Interior 19,994 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 172 Ft
Size Frontage 240 Ft
Size Irregular 240 X 172 Ft
Size Total Text 240 X 172 Ft
Zoning Description Cc & R4

https://www.realtor.ca/real-estate/30016751/290-dundas-street-w-quinte-west-trenton-ward-trenton-ward

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