290 Dundas Street W, Quinte West, Ontario K8V 3S1

Listed for:
$3,500,000
0 beds
0 baths
Listed 36 days ago
Multi-Family for rent: 290 Dundas Street W, Quinte West, Ontario K8V 3S1

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About

Dundas St W and Catherine Street 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:27476)

Property Highlights

MLS® Number
X13548206
Type
Multi-family
Community Name
Trenton Ward
Land Size
240 x 172 FT

Building

Building Type
Multi-Family
Square Footage
19994 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat, Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
EKORT REALTY LTD.
MLS® number:
X13548206
Agent:
Jamie Troke
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