241 Bellevue Drive, Quinte West, ON K8N 4Z5
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MLS® X13094468
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Overview
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Exceptional investment opportunity just minutes from Loyalist College. This 6-bedroom, 3-bathroom, 3-kitchen fully finished bungalow offers over 5400 sq.ft. of total living space, ideal for maximizing student rental income in a high-demand location. Designed for 8+ student occupancy, the property supports strong rental potential with market rents typically ranging between $800 - $1,000 per month per tenant. The layout is highly functional, featuring three separate kitchen areas, allowing multiple tenants to comfortably share the space while reducing congestion - an essential feature for student housing. The home includes large common living areas, perfect for group study, social gatherings, and student living, helping to attract and retain tenants. Additional highlights include hardwood flooring throughout most of the main level, a large front deck, and a private backyard, all contributing to tenant appeal. A standout feature is the expansive parking area, accommodating multiple vehicles - ideal for student tenants. At the rear of the property, a large gravel area offers potential for additional income through garage leasing or yard storage, creating multiple revenue streams beyond residential rents. Conveniently located near amenities, transit, and with quick access to the 401, this property is perfectly positioned for consistent occupancy and long-term growth. Multiple kitchens. High occupancy potential. Strong rental demand. Added income opportunities. A rare chance to secure a high-performing student rental property with both immediate cash flow and future upside in Belleville.
Bedrooms
6
Bathrooms
3.0
Area
2,250 sqft
Lot Size
1.0 acres
Type
Detached
Property Details
Year Built1951
CityQuinte West
Postal CodeK8N4Z5
Lot Dimensions167.32 × 267.28 ft
Parking22 spaces
Interior Features
Heat: Forced Air
Heat Source: Gas
Cooling: Central Air
Style: Bungalow
Exterior & Land
Sewer: Septic
Construction: Stone, Vinyl Siding
Roof: Asphalt Shingle
Utilities & Services
Heat SourceGas
SewerSeptic
241 Bellevue Drive, Quinte West, ON K8N 4Z5
Purchase Calculator
$989,000.00
$207,690.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
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- Monthly Mortgage$0.00
- Home Expenses$0.00
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Mortgage Amount
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Closing Costs
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Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
241 Bellevue Drive, Quinte West, ON K8N 4Z5
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