Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

22 Water Street, Quinte West, ON K8V 4L9 (Water Street, Nicholas Street)
$ 499000 - MLS : X12646518

From Our Gallery

Description

This well-maintained duplex offers a strong investment opportunity with reliable rental income. Just minutes from CFB Trenton and Highway 401, the property includes two self-contained units with in-suite laundry, two parking spaces per unit, and a shared backyard with separate areas for each tenant. The upper unit features 3 bedrooms and 1 bathroom with an open-concept layout, currently rented for $2,200/month plus 60% of utilities on a one-year lease. The lower unit almost mirrors the floor plan but offers 2 bedrooms and 1 bathroom, with a larger living room and private side patio, currently rented month-to-month for $1,537.50 all-inclusive. The property is equipped with a shared heating system and hot water tank rental, keeping maintenance straightforward and utilities conveniently managed Fridge and stove in upper unit (Unit B), washer and dryer x2 (Unit A and Unit B)together. With reliable tenants in place and strong rental demand, this duplex is a ready-made addition to any portfolio or an excellent option for an owner-occupant looking to offset expenses. Photos taken prior to tenancy; both units are currently occupied.

Location Description

Water Street, Nicholas Street

Property Detail

Community: Trenton Ward
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 2
Garages: None
Annual Property Taxes : $ 3263.56

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Block
Counstruction Material : Brick-Vinyl Siding
Total Parking Space : 4
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: CENTURY 21 LANTHORN REAL ESTATE LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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