38 Stanley Street

Welcome to this fantastic opportunity presented by a Multi-Family Home for sale in Quinte West , located at 38 Stanley Street, Quinte West. This investor-ready duplex is not just a property; it’s a gateway to immediate income potential, making it an ideal choice for seasoned investors and newcomers alike. The unique advantage of this property lies in the full tenant control it offers. Both units, each boasting two bedrooms, are currently vacant, which means you can hand-pick and vet your own tenants right from the start. With the potential rent set at £1,300 plus utilities per unit, that’s a total of £2,600 plus utilities, providing a lucrative opportunity for anyone looking to make a sound investment.

The property is a charming two-storey multiplex, situated on a generous lot measuring 33 X 131 feet, at 38 Stanley Street, Quinte West. The exterior features durable vinyl siding, ensuring that maintenance is kept to a minimum. Inside, you’ll find a total of five rooms in each unit, with two bedrooms and a den, perfect for a home office or additional living space. Each unit also has its own kitchen, allowing for independent living arrangements. The family room adds a lovely touch, providing a welcoming space for relaxation or entertaining guests.

While this Multi-Family Home for sale in Quinte West does not come with air conditioning or a central vacuum system, it offers a baseboard heating system that will keep you warm during those chilly winter months. Although there is no pool or fireplace, the property is unfurnished, allowing you the freedom to style it to your liking. The absence of a garage space may seem like a drawback, but the private driveway accommodates two parking spaces, ensuring that you and your tenants won’t have to worry about parking.

Located in the vibrant Trenton Ward of Quinte West, this property is perfectly positioned in a high-demand rental area. You’ll find that it’s conveniently close to downtown shopping, schools, parks, the hospital, and public transit, making it an attractive option for potential tenants. The recent updates, including new doors and hot water tanks, reflect the care that has gone into maintaining this property, keeping ownership low-maintenance and hassle-free.

If you’re considering expanding your investment portfolio, this Multi-Family Home for sale in Quinte West is an ideal addition. It offers a smart and flexible entry point for new investors, providing a solid foundation to build upon. The potential for rental income, combined with the strategic location, makes this property a wise choice in today’s market.

As you explore the possibilities of 38 Stanley Street, Quinte West, you’ll quickly realise that this is more than just a house; it’s a chance to create a thriving investment. With the local rental market on the rise, the opportunity to set market rents from day one is a rare advantage that shouldn’t be overlooked. Whether you’re looking to manage the property yourself or hire a property manager, the potential for growth is significant.

In summary, the Multi-Family Home for sale in Quinte West at 38 Stanley Street, Quinte West, presents an exceptional opportunity for investors. With its vacant units ready for your ideal tenants, strategic location, and recent updates, it stands out as a prime investment. Don’t miss your chance to take advantage of this unique offering in a sought-after area. Whether you’re looking to expand your portfolio or step into the world of property investment, this is a chance you won’t want to pass up!

Trenton Ward, nestled within the city of Quinte West, offers a charming blend of natural beauty and small-town convenience, making it an appealing choice for potential residents. This picturesque area is characterised by its scenic waterfront along the Bay of Quinte, providing ample opportunities for outdoor activities such as boating, fishing, and leisurely strolls along the shoreline. The ward boasts a rich history, evident in its well-preserved heritage buildings and vibrant local culture. With a variety of amenities, including shops, schools, and parks, Trenton Ward fosters a welcoming atmosphere, making it an ideal location for families and individuals seeking a tranquil yet engaging lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Trent River Public School, an English-language elementary school offering grades JK to 6, situated just 0.8 km away, though it has a modest school rating of 2.5. Trenton High School, located 1.1 km from the property, serves grades 7 to 12 and has a slightly higher rating of 2.8. For younger students, Murray Centennial Public School, offering French-language education for grades JK to 8, is 2.8 km away but currently has a low rating of 0. In contrast, St. Mary Catholic School, also 1.5 km away, boasts an impressive rating of 4.8, providing both English and French instruction for grades JK to 6. Additionally, St. Paul Catholic Secondary School, located 1.7 km away, serves grades 7 to 8 and has a strong rating of 5.6. Overall, the area offers a variety of educational options, including public and Catholic schools, catering to different language preferences and educational needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 466 residents, with an average household size of 2.5. The demographic profile indicates a relatively young community, with an average age of 37.4 years. The average household income stands at $68,000, although 17.6% of the population is classified as low-income. The real estate market reflects a median property price of $375,000. The community is diverse in its living arrangements, with 46.58% of residents being single and 34.62% of households having children. A significant portion of the population, 48.72%, are renters, while there are no condominiums in the area. Educational attainment is notable, with 40.26% of residents holding a college or university degree. However, 35.06% of the population is not actively participating in the labor force, indicating potential challenges in employment opportunities. Additionally, the immigrant population is relatively small, comprising just 1.98% of the community. Overall, this demographic snapshot provides insight into a vibrant yet economically diverse community, characterized by a mix of families, young professionals, and a significant renter population.