Property Description

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:7434)