527 FRONT STREET, Quinte West (Trenton Ward), Ontario K8V4R4

527 FRONT STREET
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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!

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWater Heater
BasementFinished, Separate entrance, Walk out, N/A, N/A
Bathrooms Total4
Bedrooms Total4
CoolingNone
HeatingForced air, Natural gas

Building & Exterior

Architectural StyleBungalow
Exterior FeaturesStucco
Foundation DetailsBlock
Parking FeaturesNo Garage
Stories1.0

Land & Location

City RegionTrenton Ward
Community FeaturesSchool Bus, Community Centre
Frontage Length37.1 feet
Lot FeaturesLevel
Lot Size Dimensions37.1 x 118.8 FT

Utilities & Services

UtilitiesSewer, Electricity, Cable

Listing & Financials

Listing OfficeROYAL LEPAGE PROALLIANCE REALTY
Originating System NameCentral Lakes Association of REALTORS®

Other Specifications

CountryCanada
Parking Total4
Security FeaturesSmoke Detectors

For Sale

$519,900

527 FRONT STREET, Quinte West (Trenton Ward), Ontario K8V4R4

Beds

4

Baths

4

Living Area

-

Lot Size

-

Property Type

Fourplex

Year Built

-

Listing IDX12668172

Location & Map

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