53 CROWN Street

Welcome to 53 Crown Street, Quinte West, a delightful and updated century home duplex nestled in the tranquil surroundings of Trenton Ward. This charming Multi-Family Home for sale in Quinte West is ideally located on a quiet street, just a stone's throw from bus routes, schools, the hospital, and all major amenities, making it a perfect choice for families and investors alike.

This legal duplex features two well-appointed units, each offering a unique living experience. The upper unit boasts two bedrooms and is currently rented at £1,365.81 per month, plus utilities. Meanwhile, the lower unit is a spacious two-bedroom accommodation with an additional den, renting for £1,900 per month, also plus utilities. Both units are completely self-sufficient with separate utilities, ensuring privacy and convenience for tenants. This Multi-Family Home for sale in Quinte West provides an excellent opportunity for generating income, especially with the current demand for rental properties in the area.

Over the past three years, 53 Crown Street, Quinte West has undergone numerous updates, enhancing its appeal and functionality. Fresh paint has been applied throughout the property, and new flooring has been installed in most rooms, creating a modern and inviting atmosphere. The lower unit features a fully renovated kitchen, complete with a stylish tile backsplash, new countertops, cupboards, and a new oven, complemented by elegant ceramic tile. The upper unit has also seen improvements, including a new oven and shower tile, ensuring that both units are equipped with contemporary amenities.

The property is not only aesthetically pleasing but also structurally sound. Significant upgrades have been made, including a waterproofed basement and a new roof, both of which are just over ten years old. The heating system consists of forced air, and both units are equipped with their own separate furnace and central air conditioning, providing comfort throughout the seasons.

Parking is never a concern at this Multi-Family Home for sale in Quinte West, as the triple-wide, double-deep driveway accommodates up to six vehicles. This ample parking space is a significant advantage, particularly in a bustling community like Quinte West. The home is currently occupied by excellent, respectful tenants, making it a turnkey investment opportunity that promises strong cash flow.

With a lot size of 72 by 82 feet and situated on less than half an acre, this property offers a manageable outdoor space, perfect for those who prefer low-maintenance living. Although there is no pool or garage, the private driveway provides easy access to the home, and the absence of a garage allows for more yard space.

As you explore 53 Crown Street, Quinte West, you'll appreciate the community's friendly atmosphere and the convenience of nearby amenities. The property is well-suited for families, professionals, or anyone looking to invest in a thriving area. The combination of two kitchens, a family room, and a total of 16 rooms makes this home versatile and functional for various living arrangements.

In conclusion, this Multi-Family Home for sale in Quinte West represents an exceptional investment opportunity in a desirable location. With its updated features, strong rental income potential, and convenient access to local amenities, 53 Crown Street, Quinte West is a property that should not be missed. Full income and expense proforma are available for interested buyers, providing a clear picture of the financial benefits this property offers. Don't hesitate to arrange a viewing and discover the potential of this remarkable duplex today!

Trenton Ward, nestled within the charming city of Quinte West, offers a delightful blend of natural beauty and small-town charm. This picturesque area is characterised by its scenic landscapes, including the stunning Bay of Quinte, which provides ample opportunities for outdoor activities such as boating, fishing, and hiking. The ward boasts a friendly atmosphere, with a mix of residential neighbourhoods and local amenities, including shops, cafes, and parks that foster a sense of belonging. With its rich history, vibrant community events, and proximity to larger urban centres, Trenton Ward is an inviting place for those seeking a peaceful yet engaging lifestyle in a beautiful setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs for families. The closest option is St. Mary Catholic School, just 0.3 km away, offering both English and French instruction for grades JK to 6, and boasting an impressive school rating of 4.8. Trent River Public School, located 0.9 km away, serves elementary students from JK to 6 with a rating of 2.5. For older students, Trenton High School is 2.3 km from the property, providing education for grades 7 to 12, with a school rating of 2.8. Additionally, St. Paul Catholic Secondary School, situated 2.9 km away, offers French-language instruction for grades 7 to 8 and has a commendable rating of 5.6. Lastly, Murray Centennial Public School, located 4.1 km away, provides French education for grades JK to 8, although it currently has a lower rating of 0. Overall, this area offers a diverse selection of schools, ensuring that families have access to quality education in both English and French, making it an attractive option for prospective buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 545 residents, with an average household size of 2.2 individuals. The demographic profile reveals an average age of 40.8 years and an average household income of $76,000. Approximately 16.4% of the population falls below the low-income threshold. The housing market reflects an average property price of $335,000, with 40% of residents renting their homes, while there are no condominiums in the area. The community is characterized by a significant proportion of single individuals, comprising 52.69% of the population, and 37.93% of households include children. Immigrants represent 4.24% of the population, and 35.35% have attained a college or university education. Notably, a considerable portion of the population, 34.34%, is not actively participating in the labor force. These demographic insights indicate a diverse community with a mix of families and singles, a moderate level of education, and a significant rental market, making it an interesting area for potential homebuyers and investors.