87-89 Scott Avenue

Nestled in the charming area of Frankford Ward, this Multi-Family Home for sale in Quinte West presents an excellent opportunity for both homebuyers and investors alike. Located at 87-89 Scott Avenue, Quinte West, this purpose-built duplex is designed to accommodate a variety of living arrangements, making it an ideal choice for those looking to live in one side while renting out the other. With six bedrooms in total, this property offers ample space for families or groups, ensuring everyone has their own room to retreat to.

As you approach 87-89 Scott Avenue, Quinte West, you’ll notice the appealing exterior, which combines brick and vinyl siding, giving the home a classic yet contemporary look. The building is a 1 1/2 storey multiplex that has stood the test of time, with an age range of 51 to 99 years. The property sits on a generous lot measuring 154 X 90 feet, providing plenty of outdoor space for potential gardening or leisure activities. Although there is no pool or garage, the private driveway accommodates two parking spaces, ensuring convenience for residents and visitors alike.

Inside, the duplex features two kitchens, which is a fantastic advantage for a multi-family setup. This allows for independent living while still being under one roof. The total of 14 rooms includes six bedrooms and two bathrooms, making it a spacious dwelling for multiple occupants. Unit 87 is currently vacant, providing the perfect opportunity for a new owner to move in or find suitable tenants. Meanwhile, Unit 89 is already occupied by long-term tenants, offering immediate rental income for the savvy investor.

While the property does not come with air conditioning or a central vacuum system, it is equipped with forced air heating, ensuring comfort during the colder months. The absence of a fireplace may be a consideration for some, but the full basement offers additional storage space or potential for further development, depending on your vision for the property.

The utilities are well-managed with separate metering for each unit, allowing for clear accountability and ease of management. Additionally, the property is connected to municipal water and sewer services, which is a significant advantage for maintenance and convenience. Internet access is also available, making it suitable for modern living, whether for work or leisure.

One of the standout features of this Multi-Family Home for sale in Quinte West is its location. Situated close to schools and daily amenities, residents will find everything they need within easy reach. This proximity to essential services enhances the appeal of the property, particularly for families or individuals looking for a vibrant community to call home.

Furthermore, for those interested in expanding their investment portfolio, there is an exciting opportunity to acquire a neighbouring multiplex at 95 Scott Avenue, which is also for sale. This could be an excellent chance to invest in a pair of properties, increasing your rental income potential. Financial details for both properties are available upon request, allowing you to make an informed decision.

In summary, 87-89 Scott Avenue, Quinte West, is a versatile Multi-Family Home for sale in Quinte West that offers a unique blend of living and investment opportunities. With its spacious layout, convenient location, and the potential for rental income, this property is not to be missed. Whether you’re looking to break into the housing market or expand your rental portfolio, this duplex could be the perfect fit for you. Don’t hesitate to explore this fantastic opportunity in the heart of Frankford Ward!

Frankford Ward, nestled within the city of Quinte West, offers a charming blend of rural tranquility and convenient access to urban amenities. This picturesque area is characterised by its scenic landscapes, including lush green spaces and the meandering Trent River, making it ideal for outdoor enthusiasts. Residents enjoy a close-knit atmosphere, with local shops, schools, and recreational facilities that cater to families and individuals alike. The community's rich history is reflected in its quaint architecture and friendly neighbourhoods, providing a welcoming environment for newcomers. With its strategic location, Frankford Ward serves as a peaceful retreat while still being within easy reach of larger cities, making it a delightful choice for those seeking a balanced lifestyle.

Schools in the Neighbourhood

This property is conveniently located near two reputable schools, making it an excellent choice for families. The closest is Frankford Public School, situated just 0.1 km away. This elementary school, part of the Hastings and Prince Edward District School Board, serves grades JK to 8 and offers a public education in English. It has a school rating of 5.2, reflecting a solid educational environment. For families seeking a Catholic education, Sacred Heart Catholic School is located 3.8 km from the property. This elementary school operates under the Algonquin and Lakeshore Catholic District School Board, catering to grades K to 8, and also provides instruction in English. It boasts a higher school rating of 6.4, indicating a strong academic performance and community support. Both schools are accessible and provide quality education options, ensuring that children have excellent opportunities for learning and development. The proximity to these schools enhances the appeal of the property, making it a desirable location for families prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 570 residents. The average household consists of 2.5 individuals, with a median age of 41.2 years. The average household income stands at $86,000, indicating a relatively stable economic environment, although 11.6% of the population lives below the low-income threshold. The housing market reflects an average property price of $428,000, with 22.22% of households renting. Notably, 41.76% of residents are single, and 42.42% live in households with children, suggesting a mix of family dynamics. The area has a modest immigrant population of 5.22%, and 38.64% of residents possess a college or university education, indicating a fairly educated community. However, a significant portion of the population, 42.05%, is not actively participating in the labor force. The absence of condominiums in the area may point to a preference for single-family homes or other types of housing. Overall, this demographic snapshot highlights a diverse community with a blend of families, singles, and varying economic backgrounds.