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$324,900

Est. payment - /mo

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6 Beds

3 Baths

New

166 West ST Quinte West, ON K8V 2M7

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

UPDATED:

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 X12662610

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,164

Tax Year 2025

Property Sub-Type Triplex

Lot Depth 100.59

Lot Front 31.46

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 $25,980 & 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 $645/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 $870/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 $650/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

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

Building Age 51-99

Unit Features Hospital,Level,Park,Public Transit,Rec./Commun.Centre,School

Foundation Stone

Others

ParcelsYN Yes

Listed by ROYAL LEPAGE PROALLIANCE REALTY

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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