135 Reid ST new Save Request In-Person Tour Request Virtual Tour
Quinte West,ON K8V 5W2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Trenton Ward
MLS Listing ID X12305778
Style Bungalow
Bedrooms 5
Building Age 51-99
Annual Tax Amount $2,908
Tax Year 2025
Property Sub-Type Detached
Property Description
Discover a solid investment opportunity with this versatile bungalow located in a popular Trenton subdivision ideal for multi-generational living, generating rental income, or living in one unit while renting out the other. Currently configured as two separate units with private entrances, this property offers flexibility and strong income potential. The upper 3-bedroom unit, featuring an L-shaped living/dining area with a picture window, stackable laundry, and a 4-piece bath with a deep soaker tub, has been rented since September 2022 to reliable month-to-month tenants at $2150 all-inclusive. The renovated lower 2-bedroom unit, previously rented for $1750 all-inclusive, is vacant and ready for new occupants or owner use. With a potential gross annual income of $46,800, the numbers work well given the homes affordability. Each unit has its own laundry, and the lower level showcases updated finishes including an eat-in kitchen with white cabinetry and appliances, a modern 4-piece bath, and vinyl plank flooring. Outside, enjoy a partially fenced yard, patio, storage shed, parking for up to 4 vehicles, and a durable metal roof. Efficient gas furnace (approx. 2005), central air, and easy access to Highway 401 complete the package. Tenants responsible for lawn maintenance and snow removal. Income and expense statements are available. This is truly a smart investment with multiple living and rental possibilities.
Location
State ON
County Hastings
Community Trenton Ward
Area Hastings
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features In-Law Capability,In-Law Suite,Primary Bedroom - Main Floor,Sewage Pump,Sump Pump,Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Patio
Parking Features Private Double
Pool None
View Clear
Roof Type Metal
Topography Level
Lot Frontage 59.6
Lot Depth 83.44
Total Parking Spaces 4
Building
Unit Features Golf,Hospital,Marina,Park,Rec./Commun.Centre,School Bus Route
Foundation Concrete Block
Others
Security Features Smoke Detector
ParcelsYN No