135 Reid Street, Quinte West, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Trenton Ward. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $449,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 59.6 x 83.44 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Discover a solid investment opportunity with this versatile bungalow located in a popular Trenton subdivision ideal for multi-generational living, generating rental income, or living in one unit while renting out the other. Currently configured as two separate units with private entrances, this property offers flexibility and strong income potential. The upper 3-bedroom unit, featuring an L-shaped living/dining area with a picture window, stackable laundry, and a 4-piece bath with a deep soaker tub, has been rented since September 2022 to reliable month-to-month tenants at $2150 all-inclusive. The renovated lower 2-bedroom unit, previously rented for $1750 all-inclusive, is vacant and ready for new occupants or owner use. With a potential gross annual income of $46,800, the numbers work well given the homes affordability. Each unit has its own laundry, and the lower level showcases updated finishes including an eat-in kitchen with white cabinetry and appliances, a modern 4-piece bath, and vinyl plank flooring. Outside, enjoy a partially fenced yard, patio, storage shed, parking for up to 4 vehicles, and a durable metal roof. Efficient gas furnace (approx. 2005), central air, and easy access to Highway 401 complete the package. Tenants responsible for lawn maintenance and snow removal. Income and expense statements are available. This is truly a smart investment with multiple living and rental possibilities.
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Property Summary
This detached home located at 135 Reid Street, Quinte West is currently for sale and has been available on SousaSells for 358 days. This property is listed at $449,000 with an estimated mortgage of $1,495* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 135 Reid Street, Quinte West is in the Trenton Ward neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Marina, Park, Rec./Commun.Centre, School Bus Route
Interior Features
In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Sewage Pump, Sump Pump, Water Heater
Security Features
Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 135 Reid Street, Quinte West, ON K8V 5W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Quinte West, ON
For a property listed at $449,000 in Quinte West, the legal minimum down payment is $22,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,455 for this transaction. As this listing is in Quinte West (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.