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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
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$399,900
Available - For Sale
Listing ID: X12023503
Do you know what's better than a duplex? A triplex! This affordable triplex in the heart of town is a fantastic investment opportunity, offering stable rental income with long-term, established tenants. With three units, ranging from a bachelor apartment to a three-bedroom unit, this fully rented property generates a gross rental income of $25,380 per year. Situated on a spacious corner lot, the property features multiple driveways, a detached double garage with a separate driveway, and multiple entrances for tenant convenience. The exterior is a combination of stucco and vinyl siding, and there is a deck on the north side serving two unit entrances. Unit 1 is a three-bedroom, one-bath unit on the second level, rented for $630/month plus hydro, gas, and water/sewer. The tenant, in place for approximately five years, enjoys gas heat, two parking spaces, laundry facilities (tenant-owned appliances), and exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath unit on the main level, rented for $850/month plus gas. With two separate entrances and laundry facilities in the foyer, this unit has housed the same tenant for 8 to 9 years. The unit includes gas heat and two parking spaces. Unit 3 is a bachelor apartment in the lower level, rented for $635/month all-inclusive. Featuring an open-concept kitchen, living area, and sleeping space, it is heated with electric baseboard heat. The landlord provides appliances, and the unit has a separate driveway with two parking spots. The tenant has been there for approximately six years. With separate metering for hydro and water (one unit fully independent, two units metered together) and individual hot water tanks for each unit, this self-sustaining property is a smart addition to any investment portfolio, with tenants maintaining lawn care and snow removal. Detailed income and expenses available.
Price $399,900
Taxes: $2,164.43
Assessment Year: 2025
Occupancy by: Tenant
Address: 166 West Stre , Quinte West, K8V 2M7, Hastings
Acreage: < .50
Directions/Cross Streets: McCabe Street and Charlotte Street
Rooms: 11
Rooms +: 4
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Main
Washroom 3:  3 Lower
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Stucco (Plaster)
Garage Type: Detached
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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ROYAL LEPAGE PROALLIANCE REALTY

166 West Stre , Quinte West, K8V 2M7, Hastings

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Hastings
Municipality: Quinte West
Neighbourhood: Trenton Ward
Style: 2-Storey
Lot Size: x 100.59(Feet)
Approximate Age: 51-99
Tax: $2,164.43
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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