

























1/271, 1A, 3, & 3A RAMSAY AVENUE, Quinte West (Trenton Ward), ON K8V2P4
$799,000 total
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
87%
A once-in-a-lifetime chance for a unique property! Tucked peacefully at the end of a quiet dead-end road overlooking a ravine in Quinte West. Imagine owning a remarkably versatile FOUR DETACHED HOME property where modern updates meet boundless opportunity. Picture welcoming your family to a private multi-generational compound, or effortlessly managing a turnkey portfolio where tenants pay their own utilities with separate water and hydro meters. This unique parcel features four separate homes: three bright two-bedroom homes-each equipped with convenient laundry hookups-and one cozy bachelor-style residence, providing ideal spaces for varied living arrangements. Every home has been renovated throughout, including updated flooring, kitchens, bathrooms, insulation, and durable metal roofs overhead for long-term peace of mind. A detached shed wrapped with matching neutral siding adds both utility and uniformity to the grounds. With one unit currently owner-occupied, you can comfortably move in and let the surrounding units help support your mortgage, or optimize the entire site as a low-maintenance investment property with room to grow future revenues. Flexible financing is possible, as the seller is open to considering a Vendor Take-Back mortgage. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$23K
Annual cash flow
$-21K
Cash-on-cash
-8.89%
DSCR
0.52
Going-in cap
2.87%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
94,116
Households
36,375
Median income
$84,000
Median age
45.9
Daytime population
92,025
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1, 1A, 3, & 3A RAMSAY AVENUE, Quinte West (Trenton Ward).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.