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Quinte West,ON K8V 2M7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Trenton Ward
MLS Listing ID X12256571
Style 2-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $2,163
Tax Year 2025
Property Sub-Type Triplex
Property Description
Why settle for a duplex when you can invest in a triplex? This affordable income-generating property in the heart of town represents a smart move for any investor. Fully tenanted with long-term, reliable renters, this well-maintained triplex brings in a solid gross annual income of $25,380 & offers a mix of units to appeal to a variety of renters from a cozy bachelor suite to a spacious three-bedroom. Set on a generous corner lot, the property boasts multiple driveways, a detached double garage with private access, & separate entrances for added convenience. The exterior is finished in a combination of stucco & vinyl siding, with a shared deck on the north side providing access to two of the units. Unit 1 is a three-bedroom, one-bath upper-level unit, rented at $630/month plus utilities. The tenant has called this home for about five years & enjoys gas heating, two parking spaces, in-unit laundry (tenant-owned appliances), & exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath main-level unit rented at $850/month plus gas. With two private entrances & laundry located in the foyer, this unit has been home to the same tenant for approx. 9 years. It also includes gas heating & two dedicated parking spaces. Unit 3, located on the lower level, is a tidy bachelor apartment featuring an open-concept layout with kitchen, living, & sleeping areas. It's rented at $635/month all-inclusive, heated with electric baseboard, & includes appliances provided by the landlord. The unit has a private driveway & two parking spots, & the tenant has been in place for six years. The property features separate metering for hydro & water (one unit fully separate, two share a meter), & individual hot water tanks for each unit. Best of all, tenants handle their own lawn care & snow removal, making this a low-maintenance addition to your real estate portfolio. Detailed income & expense information is available don't miss out on this turn-key investment opportunity!
Location
Province ON
County Hastings
Community Trenton Ward
Area Hastings
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Primary Bedroom - Main Floor,Separate Heating Controls,Separate Hydro Meter,Water Heater
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck,Year Round Living
Parking Features Private Double
Garage Spaces 2.0
Pool None
View Clear
Roof Type Asphalt Shingle
Topography Level
Lot Frontage 31.46
Lot Depth 100.59
Total Parking Spaces 8
Building
Unit Features Hospital,Level,Park,Public Transit,Rec./Commun.Centre,School
Foundation Stone
Others
ParcelsYN No