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Renanza Realty
For sale

290 DUNDAS STREET W

Quinte West (Trenton Ward), Ontario

MLS® X13548206

$3,500,000

Status
Active
Property type
Multi-family
MLS® number
X13548206
Bedrooms
Bathrooms
Year built

Listing description

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.

Property summary

MLS® number
X13548206
Property type
Multi-family
Building type
Multi-Family
Square footage
19,994 sq ft
Land size
240 x 172 FT
Annual property taxes
$27,541.41
Days on market
47 days

Features & details

Heating
Hot water radiator heat, Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $3,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$16,285 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EKORT REALTY LTD., Belleville.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

290 DUNDAS STREET W, Quinte West, Ontario — For Sale | Renanza