Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Trenton Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $449,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Discover a solid investment opportunity with this versatile bungalow located in a popular Trenton subdivision ideal for multi-generational living, generating rental income, or living in one unit while renting out the other. Currently configured as two separate units with private entrances, this property offers flexibility and strong income potential. The upper 3-bedroom unit, featuring an L-shaped living/dining area with a picture window, stackable laundry, and a 4-piece bath with a deep soaker tub, has been rented since September 2022 to reliable month-to-month tenants at $2150 all-inclusive. The renovated lower 2-bedroom unit, previously rented for $1750 all-inclusive, is vacant and ready for new occupants or owner use. With a potential gross annual income of $46,800, the numbers work well given the homes affordability. Each unit has its own laundry, and the lower level showcases updated finishes including an eat-in kitchen with white cabinetry and appliances, a modern 4-piece bath, and vinyl plank flooring. Outside, enjoy a partially fenced yard, patio, storage shed, parking for up to 4 vehicles, and a durable metal roof. Efficient gas furnace (approx. 2005), central air, and easy access to Highway 401 complete the package. Tenants responsible for lawn maintenance and snow removal. Income and expense statements are available. This is truly a smart investment with multiple living and rental possibilities.
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Golf, Hospital, Marina, Park, Rec./Commun.Centre, School Bus Route
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Data-driven valuation for 135 Reid Street, Quinte West, ON K8V 5W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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