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$499,900
Available - For Sale
Listing ID: X11976901
Profitable Triplex at 640 Front St. Discover an exceptional investment opportunity w/ this positive cash-flow triplex located in the heart of Trenton, Ont. This property is a prime addition to any rental portfolio, offering stability & consistent income. Each unit is metered separately, ensuring minimal landlord expenses & maximizing your return on investment. Unit A is a spacious 3-bdrm, 1-bath, 2-sty unit with full bsmt. It features a charming front porch, 2 entrances, an eat-in kitchen, & hdwd floors throughout the living areas & upper-lvl bdrms. Recent upgrades include a new tub surround, a newer gas boiler system for hot water radiator heat, & a new owned HWT. With 2 allocated parking spots & a large fenced yard, this unit is perfect for families. The tenant has been in place for approx. 8 yrs, paying $1,116.02/mth plus utilities. Unit B is a bright 2-bdrm, 1-bath bungalow-style unit. The south-facing living rm boasts laminate floors & a picture window overlooking the rear yard. The spacious eat-in kitchen includes co-located laundry & a 2nd door to the backyard. This unit comes with 2 parking spots & a dedicated rear yard with gardens & fenced area. The tenant, who has been there for about 5 yrs, pays $1,200/mth plus utilities. Unit C is a 1-bdrm, 1-bath unit, currently vacant & ready for the next investor to select a tenant & set the rent. Recently refreshed, it features hdwd floors in the living rm, a functional kitchen, & a 3-pce. bathroom. 1 parking spot is located in front of the unit, with projected rent at $1,100/mth plus utilities. With over $40,000 in gross rental income, this triplex offers a stable investment opportunity more resistant to vacancies than a duplex. The property includes several updates & detailed income & expenses are available upon request. Many appliances are included, making this a turnkey investment. Seize the opportunity to own a profitable & stable triplex in Trenton. Inquire today for more information or to schedule a viewing!
Price $499,900
Taxes: $3,163
Assessment: $187000
Assessment Year: 2025
Address: 640 Front St , Quinte West, K8V 4R7, Ontario
Lot Size: 86.02 x 127.76 (Feet)
Acreage: < .50
Directions/Cross Streets: Front Street/Wall Street
Rooms: 12
Rooms +: 0
Bedrooms: 6
Bedrooms +: 0
Washrooms: 3
Kitchens: 3
Kitchens +: 0
Family Room: N
Basement: Unfinished
Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 11.32 20.70 Combined W/Dining
Room 2: Main Living 12.14 17.88
Room 3: 2nd Br 11.41 18.37
Room 4: 2nd 2nd Br 12.63 10.79
Room 5: 2nd Prim Bdrm 12.40 17.88
Room 6: Main Living 17.09 11.68
Room 7: Main Kitchen 16.50 11.71 Combined W/Dining
Room 8: Main Br 10.79 10.00
Room 9: Main 2nd Br 10.59 10.10
Room 10: Main Living 10.89 11.28 Combined W/Dining
Room 11: Main Kitchen 6.49 11.28
Room 12: Main Br 10.99 11.91
No. of Pieces Level
Washroom 1:  4 2nd
Washroom 2:  4 Main
Washroom 3:  3 Main
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Fenced Yard
Golf
Hospital
Level
Marina
Public Transit
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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ROYAL LEPAGE PROALLIANCE REALTY

640 Front St , Quinte West, K8V 4R7, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Hastings
Municipality: Quinte West
Neighbourhood:
Style: 2-Storey
Lot Size: 86.02 x 127.76(Feet)
Approximate Age: 100+
Tax: $3,163
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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