290 Dundas Street
Quinte West, K8V 3S1
FOR SALE
$3,500,000
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Investment
CATEGORY 12,750 Sq Ft
OFFICE/APT AREA X13548206
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Property Description
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.
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Property Details
Address
290 Dundas Street
Community
City
Postal Code
K8V 3S1
Property Type
Investment, Investment
Use
Apartment
Zoning
CC & R4
Lot Size
240' x 172'
Office Area
12,750 Sq Ft
Retail Area
4,100 Sq Ft
Taxes
$27,541 (2025
Heat Type
Gas Hot Water
Water
Municipal
Garage Type
None
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Listing contracted with Ekort Realty Ltd.
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