The Ultimate Student Housing & Multi-Generational Powerhouse in Quinte West: This massive, fully finished Bungalow is a cash-flow powerhouse boasting 2,480 sq. ft. above grade and a 2,680 sq. ft. walk-out basement, delivering over 5,400 sq. ft. of total carpet-free living space. The highly functional, turn-key layout is optimized for high-occupancy living, featuring 6 large bedrooms, 3 full bathrooms, and 3 separate kitchen areas that drastically reduce daily congestion. Situated on a sprawling 1.01-acre lot just minutes from Loyalist College, local transit, and Highway 401, the property sits directly in a high-demand rental hub where individual student market rents command between $800 to $1,200 per month per tenant. Beyond the strong residential yield, the property offers a massive private backyard, hardwood flooring in most of main floor area, a detached two-car garage, and a colossal driveway that accommodates up to 22 vehicles, completely eliminating student parking logistics. Adding to your immediate upside, an expansive gravel area at the rear includes a Sea Can storage unit, creating immediate opportunities for secondary revenue streams through yard storage or garage leasing. Solid mechanicals-including a forced air gas furnace, central air conditioning, a drilled well, and an owned water heater and softener-ensure low- maintenance, long term growth. Properties combining this scale of square footage, multi-kitchen facility, parking and location are rare. Don't Miss this one!! (id:13843)
| MLS # | X13629016 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 92 |
| Listing Provided By | Royal LePage Frank Real Estate | LONNIE HERRINGTON |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Garage | 22 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RURAL/A1 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 1 |
| Lot Features | Sloping, Flat site, Lighting, Carpet Free, Guest Suite, In-Law Suite |
|---|---|
| Foundation Details | Block, Concrete |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 22 |
| Utilities | Electricity |
|---|---|
| Sewer | Septic System |
| Water Source | Drilled Well |
| Tax Annual Amount | 5100 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Quinte West (Sidney Ward) |
| Postal Code | K8N4Z5 |
| Listing VS Median (in K8N4Z5) | |
Price: $949,000 low | high Med: $659,900 sqft: 2,000 low | high Med: 1,400 $ / sqft: $475 low | high Med: $471 On site: 92 low | high Med: 72 | |
| Province | ON |
|---|---|
| City | Quinte West (Sidney Ward) |
| Postal Code | K8N4Z5 |
| Listing VS Median (in K8N4Z5) | |
Price: $949,000 low | high Med: $659,900 sqft: 2,000 low | high Med: 1,400 $ / sqft: $475 low | high Med: $471 On site: 92 low | high Med: 72 | |