135 REID STREET, Quinte West, Ontario

$449,000

5 Beds
2 Baths

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. (id:56241)

Listing ID: X12305778
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Primary Bedroom	Lower level	3.99 m x 3.35 m
Utility room	Lower level	3.66 m x 3.08 m
Living room	Lower level	6.04 m x 3.32 m
Kitchen	Lower level	4.33 m x 2.74 m
Bedroom 2	Lower level	3.05 m x 2.77 m
Foyer	Main level	0.91 m x 2.67 m
Living room	Main level	4.29 m x 3.45 m
Dining room	Main level	3 m x 3.73 m
Kitchen	Main level	3.25 m x 3.53 m
Primary Bedroom	Main level	3.84 m x 3.53 m
Bedroom 2	Main level	2.46 m x 3.58 m
Bedroom 3	Main level	2.9 m x 2.54 m

Details

Architectural Style: Bungalow
Amenities Nearby: Golf Nearby, Hospital, Marina, Park
Community Features: Community Centre, School Bus
Equipment: Water Heater
Features: Level, Sump Pump, In-Law Suite
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Structure: Patio(s), Shed
Transaction: For sale
Zoning Description: R2

Building

Appliances: Water Heater, Dryer, Two stoves, Two Washers, Two Refrigerators
Architectural Style: Bungalow
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Block
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Golf Nearby, Hospital, Marina, Park
Sewer: Sanitary sewer
Size Frontage: 59 ft ,7 in
Size Irregular: 59.6 x 83.4 FT

Listing provided by ROYAL LEPAGE PROALLIANCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 135 REID STREET in Quinte West Ontario. It was last modified on July 24th, 2025. Contact us to schedule a viewing or to discover other Quinte West homes for sale.

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