56 & 58 Marmora Street

If you’re on the lookout for a fantastic investment opportunity, then this house for sale in Quinte West might just be what you need. Nestled at 56 & 58 Marmora Street, Quinte West, this remarkable property comprises two residential buildings, boasting a total of 8 rental units. The main structure is a purpose-built 6-plex dating back to around 1940, while the charming duplex harks back to 1895, both located on the historic Hawley Estate. Priced at an attractive £94,000 per unit, this is a solid multi-residential investment in a thriving area.

The house for sale in Quinte West is situated in the heart of Trenton, within the Trenton Ward community. This area is known for its walkable residential neighbourhood, making it ideal for tenants who appreciate being close to downtown amenities. Just a stone's throw away, you’ll find the Trent River and CFB Trenton, which contribute to the strong and stable rental demand in the area. With 16 bedrooms and 9 bathrooms spread across 32 rooms, this property offers ample space for residents, ensuring steady occupancy and long-term security for landlords.

While the house for sale in Quinte West does not come with a family room, den, or central vacuum system, it does feature a basement apartment, providing additional living space that can be utilised as a rental unit. The property is unfurnished, allowing new owners to personalise it to their liking. The exterior is built of sturdy brick, and with a lot size of 79 x 127 feet, there’s plenty of room for potential outdoor enhancements, even though there’s currently no pool or garage on the premises.

The heating system is baseboard, and while there’s no air conditioning, the property does benefit from municipal water and sewer services. Internet access is available, making it convenient for residents who work from home or enjoy streaming their favourite shows. The lack of a driveway is offset by the generous parking space for up to 8 vehicles, which is a definite plus in a busy area like this.

The location of this house for sale in Quinte West is particularly appealing, as it lies within Hastings County, which is becoming one of Ontario's most strategically positioned investment markets. The area is experiencing significant growth, driven by defence expansion, industrial development, and smart city planning. This convergence creates a durable foundation for long-term real estate confidence, making this property an excellent choice for savvy investors.

For those who appreciate nature and outdoor activities, Quinte West offers an exceptional quality of life. The property is located near the historic 386 km Trent-Severn Waterway, with Lock 1 situated in downtown Trenton. Residents can enjoy direct access to a variety of recreational activities such as boating, kayaking, and fishing, all while taking in the scenic riverfront leisure along the Trent River. This connection to one of Ontario's most iconic inland waterways enhances the appeal of the house for sale in Quinte West.

Just a short drive north, you’ll find Batawa Ski Hill, which provides year-round outdoor enjoyment. In the winter, it’s a fantastic spot for family-friendly downhill skiing, while in the warmer months, the area transforms into a beautiful network of hiking and cycling trails through lush conservation areas.

In summary, this house for sale in Quinte West at 56 & 58 Marmora Street is a remarkable investment opportunity in a growing area. With its rich history, strong rental demand, and proximity to both natural beauty and urban amenities, it’s a property that shouldn’t be missed. Don't forget to check out the attached brochure on investing in Quinte West in the Bay of Quinte Area for more information!

Trenton Ward, nestled within the city of Quinte West, offers a charming blend of small-town appeal and natural beauty, making it an inviting place for potential residents. 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 rich history, evident in its well-preserved architecture and local heritage sites, while also featuring modern amenities such as shops, restaurants, and recreational facilities. With a strong sense of community spirit and a welcoming atmosphere, Trenton Ward presents an ideal setting for those seeking a tranquil yet vibrant lifestyle.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, catering to a range of academic needs for families. The closest option is Trent River Public School, just 0.4 km away, offering elementary education (JK to 6) with a moderate school rating of 2.5. For older students, Trenton High School is situated 1.8 km from the property, providing grades 7 to 12 with a rating of 2.8. Additionally, Murray Centennial Public School, located 3.5 km away, offers French-language education for grades JK to 8 but has a low school rating of 0. On the other hand, St. Mary Catholic School, only 0.8 km away, stands out with an impressive rating of 4.8, offering both English and French instruction for JK to 6. For secondary education, St. Paul Catholic Secondary School is 2.4 km from the property, catering to grades 7 to 8 with a high rating of 5.6. Overall, the area provides a mix of public and Catholic schools, ensuring quality education options for families with children of various ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 537 residents, with an average household size of 2.2 individuals. The demographic profile reveals an average age of 42 years, indicating a mature community. The average household income stands at $63,600, with 21.6% of the population classified as low-income. The average property price in the area is approximately $280,000, making it relatively accessible for potential buyers. Notably, 55.06% of the population is single, while 31.03% of households include children, suggesting a mix of family dynamics. Renters comprise a significant portion of the community at 52.08%, and there are no condominiums available in the area. Educational attainment is moderate, with 31.87% of residents holding a college or university degree. However, a substantial 47.25% of the population is not in the labor force, which may indicate economic challenges or a focus on non-traditional employment. Additionally, immigrants represent 3.64% of the population, contributing to the area's diversity. Overall, this demographic snapshot provides insight into a community that is primarily residential, with a mix of families and singles, and a significant rental market.