527 FRONT STREET, Quinte West (Trenton Ward), Ontario, K8V 4R4

MLS® # X12374170

Investment For Sale In Quinte West (Trenton Ward), Ontario

$530,000

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527 Front Street, Quinte West (Trenton Ward), ON - Outdoor

527 Front Street, Quinte West (Trenton Ward), ON - With Exterior

527 Front Street, Quinte West (Trenton Ward), ON - Indoor

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Living Room

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Kitchen With Double Sink

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Kitchen

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Bathroom

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Bedroom

527 Front Street, Quinte West (Trenton Ward), ON -

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Other Room

527 Front Street, Quinte West (Trenton Ward), ON - Photo Showing Other Room

527 Front Street, Quinte West (Trenton Ward), ON - Indoor Photo Showing Basement

527 Front Street, Quinte West (Trenton Ward), ON - Outdoor With Backyard

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527 FRONT STREET, Quinte West (Trenton Ward), Ontario, K8V 4R4

$530,000

Property Information:

Attention Investors! This is a remarkable opportunity to acquire a high-performing, income-generating fourplex in the heart of Trenton. Purpose-built for rental income, this fully occupied property features four 1-bedroom, 1-bathroom units two on the main level and two on the lower level each with its own main and secondary/emergency entrance. Every unit also enjoys a private patio space and access to a large, shared fenced yard. With utilities such as hydro and water/sewer metered separately (and gas expenses currently covered by the landlord), this property produces over $48,000 in gross annual rental income and boasts an impressive cap rate of over 6.5%. The tenant profile is strong, with several long-term residents who maintain their units with care. Unit 1 rents for $650/month plus utilities, with a tenant who has lived there for approximately 14 years. Unit 2, rented for $1,350/month plus utilities, has been occupied since July 2023 and remains in excellent condition. Unit 3, also at $650/month plus utilities, has a reliable tenant of 7 years. Unit 4, renovated in 2022 with new vinyl flooring, an upgraded kitchen, and a modern bathroom, is leased at $1,350/month plus utilities, with the current tenant having moved in as of January 1, 2025. All tenants are on month-to-month leases, offering the new owner maximum flexibility. This well-maintained and strategically designed fourplex presents a balanced and dependable investment opportunity, reducing vacancy risks while maximizing income potential. An income statement is available upon request. Visit my website for further details don't miss your chance to secure this outstanding property! (id:7525)

Building Features:

Style: Multiplex
Building Type: Fourplex
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A
Exterior Finish: Stucco
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 2+2
Bathrooms: 4
Amenities Nearby: Golf Nearby, Marina
Community Features: Community Centre, School Bus
Features: Level
Fence Type: Fenced yard
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 118.8 Feet
Lot Frontage: 37.1 Feet
Lot Size: 37.1 x 118.8 FT
Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
Zoning: R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Rating:

Notes:

Jason Ballas

Sales Representative Royal LePage ProAlliance Realty , Brokerage*

Office:613.394.4837

My Website

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Rochelle Ballas

Sales Representative Royal LePage ProAlliance Realty , Brokerage*

Office:613.394.4837

Fax:613.394.2897

Ask about this property

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Market Price Trends

All Properties

-1.53%

Price change (1 year)

39.78%

Price change (5 years)

Location of 527 FRONT STREET, Quinte West (Trenton Ward), Ontario, K8V 4R4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 527 FRONT STREET , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 33.7 degrees Celsius.

Projected Avg. Temperature

Past

30℃

2050

33.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 527 FRONT STREET , experiences 11 significant 2-day storms per year, with about 326.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 410.3mm of precipitation per year.

Precipitation Per Storm

Past

326.7mm

2050

410.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 527 FRONT STREET, Quinte West (Trenton Ward), Ontario, K8V 4R4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$90,539.01

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.22 %

High school certificate or equivalent

37.99 %

Apprenticeship trade certificate/diploma

7.35 %

College/non-university certificate

25.87 %

University Degree

6.58 %

Commuter

Travel To Work

By Car

94.9 %

By Public Transit

0.97 %

By Walking

1.87 %

By Bicycle

0.0 %

By Other Methods

2.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.8 %

Houses

84.2 %

Own Vs. Rent

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527 FRONT STREET, Quinte West (Trenton Ward), Ontario, K8V 4R4 $530,000 MLS® # X12374170