PROPERTY INFO
The Ultimate Student Housing & Multi-Generational Powerhouse in Quinte West: This massive, fully finished Bungalow is a cash-flow powerhouse boasting 2,480 sq. ft. above grade and a 2,680 sq. ft. walk-out basement, delivering over 5,400 sq. ft. of total carpet-free living space. The highly functional, turn-key layout is optimized for high-occupancy living, featuring 6 large bedrooms, 3 full bathrooms, and 3 separate kitchen areas that drastically reduce daily congestion. Situated on a sprawling 1.01-acre lot just minutes from Loyalist College, local transit, and Highway 401, the property sits directly in a high-demand rental hub where individual student market rents command between $800 to $1,200 per month per tenant. Beyond the strong residential yield, the property offers a massive private backyard, hardwood flooring in most of main floor area, a detached two-car garage, and a colossal driveway that accommodates up to 22 vehicles, completely eliminating student parking logistics. Adding to your immediate upside, an expansive gravel area at the rear includes a Sea Can storage unit, creating immediate opportunities for secondary revenue streams through yard storage or garage leasing. Solid mechanicals-including a forced air gas furnace, central air conditioning, a drilled well, and an owned water heater and softener-ensure low- maintenance, long term growth. Properties combining this scale of square footage, multi-kitchen facility, parking and location are rare. Don't Miss this one!! (id:4555)
PROPERTY SPECS
Price $949,000
City Quinte West, Ontario
Bed / Bath 6 / 3 Full
Address 241 Bellevue Drive
Listing ID X13629016
Style Bungalow, House
Fireplace 1.00
Parking 22.00
Type Residential
Status For Sale
EXTENDED FEATURES
Subtype
Single Family Community Features
School Bus Features
Sloping, Flat site, Lighting, Carpet Free, Guest Suite, In-Law Suite Ownership
Freehold Basement
Finished, Walk out, N/A Heating / Cooling
Forced air, Natural gas Sewer
Septic System Parking
22.00