86 days on Market

22 Water St, Quinte West, Ontario K8V 4L9

Townhouse
3 + 2
2
~700-1100 sqft
$550,000
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Townhouse
3 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market86 days

Estimated valueNot available

Price/Sqft$643/sqft

Monthly cost

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Description

This well-maintained duplex offers a strong investment opportunity with reliable rental income. Just minutes from CFB Trenton and Highway 401, the property includes two self-contained units with in-suite laundry, two parking spaces per unit, and a shared backyard with separate areas for each tenant. The upper unit features 3 bedrooms and 1 bathroom with an open-concept layout, currently rented for $2,200/month plus 60% of utilities on a one-year lease. The lower unit almost mirrors the floor plan but offers 2 bedrooms and 1 bathroom, with a larger living room and private side patio, currently rented month-to-month for $1,537.50 all-inclusive. The property is equipped with a shared heating system and hot water tank rental, keeping maintenance straightforward and utilities conveniently managed together. With reliable tenants in place and strong rental demand, this duplex is a ready-made addition to any portfolio or an excellent option for an owner-occupant looking to offset expenses. Photos taken prior to tenancy; both units are currently occupied.


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size5,733 SqFt(125.33 x 45.75)
Parking Spaces4
MLS ®NumberX12356648
Community NameQuinte West
Data SourceTRREB
Listing byCENTURY 21 LANTHORN REAL ESTATE LTD.

Features

Heating: Forced Air
Basement: Sep Entrance

Main Floor

Kitchen

4.16 x 2.12

Combined W/Dining

Dining

2.83 x 1.9

Combined W/Kitchen

Living

2.8 x 3.31

Casement Windows

Br

2.72 x 2.21

Carpet Free


Features

Lot size: 5,733 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by CENTURY 21 LANTHORN REAL ESTATE LTD., Brokerage
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Market Data - Quinte West

Geo Zone Map ThumbnailQuinte West

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

23 days

2023

26 days

2022

6 days

New Listings

Past 30 days

9 listings

Compared to

2024

5 listings

2023

7 listings

2022

12 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

3 units

2022

2 units

Median Sold Price

Past 30 days

$448,087

Compared to

2024

$425,000

2023

$539,000

2022

$532,500


Population and Demographics

Overview

Total population 47132
Average household income $106,396

Age (%)

0 to 19
21%
20 to 34
17%
35 to 49
17%
50 to 64
23%
65 and plus
22%

Household composition (%)

Single family
69%
Single person
27%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
93%
French
4%
Others
3%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget