Why settle for a duplex when you can invest in a triplex? This affordable income-generating property in the heart of town represents a smart move for any investor. Fully tenanted with long-term, reliable renters, this well-maintained triplex brings in a solid gross annual income of $25,380 & offers a mix of units to appeal to a variety of renters from a cozy bachelor suite to a spacious three-bedroom. Set on a generous corner lot, the property boasts multiple driveways, a detached double garage with private access, & separate entrances for added convenience. The exterior is finished in a combination of stucco & vinyl siding, with a shared deck on the north side providing access to two of the units. Unit 1 is a three-bedroom, one-bath upper-level unit, rented at $630/month plus utilities. The tenant has called this home for about five years & enjoys gas heating, two parking spaces, in-unit laundry (tenant-owned appliances), & exclusive use of the detached garage. Unit 2 is a two-bedroom, one-bath main-level unit rented at $850/month plus gas. With two private entrances & laundry located in the foyer, this unit has been home to the same tenant for approx. 9 years. It also includes gas heating & two dedicated parking spaces. Unit 3, located on the lower level, is a tidy bachelor apartment featuring an open-concept layout with kitchen, living, & sleeping areas. It's rented at $635/month all-inclusive, heated with electric baseboard, & includes appliances provided by the landlord. The unit has a private driveway & two parking spots, & the tenant has been in place for six years. The property features separate metering for hydro & water (one unit fully separate, two share a meter), & individual hot water tanks for each unit. Best of all, tenants handle their own lawn care & snow removal, making this a low-maintenance addition to your real estate portfolio. Detailed income & expense information is available don't miss out on this turn-key investment opportunity!
For sale
C$375,000
166 West St, Quinte West, ON K8V 2M7
6beds
3baths
Triplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 40 days
- on Zillow |
- 19 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 10:01am
Listed by:
ROYAL LEPAGE PROALLIANCE REALTY
Source: TRREB,MLS®#: X12256571
Originating MLS®#: Central Lakes Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter
- Basement: Apartment,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 8
- Parking features: Private Double
- Has garage: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Year Round Living
- Pool features: None
- Has view: Yes
- View description: Clear
Lot
- Size: 3,164.56 Square Feet
- Features: Hospital, Level, Park, Public Transit, Rec./Commun.Centre, School, Irregular Lot
- Topography: Level
Details
- Parcel number: 403950130
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding, Stucco (Plaster)
- Foundation: Stone
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Quinte West
Financial & listing details
- Tax assessed value: C$128,000
- Annual tax amount: C$2,163
- Date on market: 7/2/2025
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