view of front of house with stucco siding, a front lawn, and roof with shingles Features: lawn More Photos

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    For Sale - 527 Front Street, Quinte West, Ontario

    Est payment $2,497/mo
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    Time on Jump  84 day

    AI Summary *

    • High-performing fourplex property located in the heart of Trenton.
    • Includes four 1-bedroom, 1-bathroom units with private patios.
    • Strong tenant profile with long-term residents taking care of units.
    • Separate utility meters for tenant convenience and lower expenses.
    • Well-maintained property with solid income-generating potential.




    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, 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!
    Listing IDX12668172
    Address527 Front Street
    CityQuinte West, Ontario
    Price$519,900
    Bed / Bath4 / 4 Full
    StyleBungalow, Fourplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Primary Bedroom - Main Floor, Water HeaterOutdoor Features LandscapedAmenities Fenced Yard, Golf, Marina, Rec./Commun.Centre, School Bus RouteOwnership FreeholdViews ClearBasement Finished with Walk-Out, Separate EntranceFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    527 Front Street
    Quinte West , Ontario
    4 4 $519,900
    Get more info