1 day 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 market1 day

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

32 days

Compared to

2024

46 days

2023

42 days

2022

57 days

New Listings

Past 30 days

8 listings

Compared to

2024

9 listings

2023

9 listings

2022

14 listings

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$507,500

Compared to

2024

$605,000

2023

$450,000

2022

$575,000


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