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290 Dundas St W 4,884 SF 100% Leased Office Building Quinte West, ON K8V 3S1 $2,537,593 USD ($519.57 USD/SF)
Executive Summary
Introducing an exceptional turnkey mixed-use investment opportunity. This well-maintained property consists of two buildings with a combined total of 21 rental units, including 16 tenanted residential apartments and 5 fully occupied commercial units. Building 1 features 5 commercial units and 8 residential apartments. The commercial component is anchored by established long-term tenants, including a pharmacy, doctor's office, dental office, driving school, and salon. Residential tenants in Building 1 benefit from a convenient coin-operated laundry facility, while the entire building is heated by a forced-air natural gas system. Building 2 consists of 8 fully leased residential apartments, each with its own private entrance and in-suite laundry, offering tenants a high level of privacy and convenience. Building 2 is equipped with gas hot water tanks, and the shingles have been replaced within the last eight years. The residential units consist of a desirable mix of 4 one-bedroom units and 12 two-bedroom units, all occupied by excellent long-term tenants with a strong rental history. With a proven tenant base, diversified commercial income, and numerous attractive features for both residential and commercial occupants, this property presents an outstanding opportunity for investors seeking a stabilized, income-producing asset with strong long-term upside.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,884 SF
Building Class
B
Year Built
2009
Price
$2,537,593 USD
Price Per SF
$519.57 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,442 SF
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
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290 Dundas St W
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