Multi-family

290 Dundas Street W, Quinte West

Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total...

    $3,500,000
    New!

    Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor’s office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside.

    Property Summary
    Property Type:Multi-family
    Availability:For sale
    Building Type:Multi-Family
    Land Size:240 x 172 FT
    MLS® Number:X13548206
    Building Details
    Interior Size:19994 sq ft
    Heating Type:Hot water radiator heat, Forced air
    Heating Fuel:Natural gas
    Fireplace:None
    Cooling:Fully air conditioned
    Land Details
    Frontage:240 ft
    Depth:172 ft
    Water:Municipal water
    Zoning Description:CC & R4

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