Home with vinyl exterior material, street for 31 Schmidt Way #2, Quinte West Ontario K8V 5P4
1 day on Market

31 Schmidt Way #2, Quinte West, Ontario K8V 5P4

Townhouse
3 + 3
3
~1500-2000 sqft
$999,990
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Townhouse
3 + 3
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$583/sqft

Est. Mortgage$4,295/mo

Tax Amount (2024)$6,350/yr

Days On Market1 day


Description

This exceptional legal duplex presents a rare chance to own a vacant, CASH FLOWING duplex in a safe, family-friendly neighborhood. Offering top-of-the-line finishes, this home is perfect for a variety of living arrangements, including multigenerational families, investors looking to expand their portfolio, or those looking to maximize income through short term rentals. The basement apartment is designed with a spacious, open layout that is very well lit, providing a comfortable and inviting atmosphere. Both units come equipped with their own separate HVAC systems and laundry, ensuring ultimate privacy and convenience for tenants or family members. A luxurious home theater room, complete with a dry bar and beverage fridge offers an immersive cinematic experience right at home. The garage boasts a sleek epoxy floor, complemented by freshly painted drywall, creating a clean and polished look. Whether you choose to live in one unit and rent out the other, or rent both for immediate cash flow, this property offers versatility and endless potential. The huge backyard is perfect for family gatherings, outdoor activities, or adding value for future renters. Located in a very safe, welcoming neighborhood, this property is truly a standout for those seeking an investment with long-term potential.


Property Details

StyleBungalow
View-
Age of propertyNew
SqFt~1500-2000 SqFt
Lot Size8,406 SqFt(170.8 x 49.22)
Parking Spaces6
MLS ®NumberX11954525
Community NameQuinte West
Data SourceTRREB
Listing byYOUR HOME SOLD GUARANTEED REALTY IMPERIUM

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Main Floor

3rd Br

3.02 x 4.07

Closet

Living

6.90 x 4.37

Fireplace / Pot Lights / Combined W/Kitchen

Kitchen

3.58 x 3.98

Pantry / Stainless Steel Appl / Eat-In Kitchen

2nd Br

3.00 x 3.56

Closet / Closet Organizers


Features

Lot size: 8,406 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Feb 4, 2025
ListedActive
$999,990
1 day on market
history photo preview30
Listing by trreb®
Property listed by YOUR HOME SOLD GUARANTEED REALTY IMPERIUM, Brokerage
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Population and Demographics

Overview

Total population 47132
Average household income $106,396

Age (%)

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

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%

Schools and amenities

Estimated Budget