Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X13548206 Status: For sale

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$3,500,000
Location:

290 Dundas Street W, Quinte West (trenton Ward) Ontario, K8V3S1

290 Dundas Street W, Quinte West (trenton Ward) Ontario
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. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 240 x 172 FTAcreage: 240 x 172 FT
Water: Municipal water
Structure:
Style: Multi-FamilySquare Footage: 19994 sqft
Heating: Hot water radiator heat, Forced air
Heating Type: Natural gas
Cooling Type: Fully air conditioned
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290 Dundas Street W, Quinte West (trenton Ward) Ontario

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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