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70 Murphy Street, Quinte West, ON 6 photos

$1,299,000

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70 Murphy Street, Quinte West, ON· Trenton Ward

About this Property

CORNER LARGE COMMERCIAL LOT * ATTENTION BUILDER'S & INVESTORS!! ** Next to Tim Horton's & LCBO Plaza * Offers ENDLESS POTENTIAL for COMMERCIAL AND RESIDENTIAL USES * Located at the intersection of MURPHY AND MIDDLE STREETS IN DOWNTOWN * Ideal for MIXED-USE DEVELOPMENT * The lot is suitable for a variety of possibilities, including a CHILD CARE CENTRE, PLACE OF WORSHIP, RETIREMENT HOME, and More! (CHECK ATTACHED DOWNTOWN COMMERCIAL BY-LAW FOR ALL PERMITTED USES) * Zoned C2-4, the property comes with a CONCEPT PLAN for a 6-STOREY BUILDING featuring 3 COMMERCIAL UNITS, 1 OFFICE RENTAL SPACE, and 47 RESIDENTIAL UNITS (7 TWO-BEDROOM + DEN, 34 TWO-BEDROOM, AND 6 ONE-BEDROOM UNITS), along with 51 PARKING SPACES * The lot is ALREADY PAVED and equipped with CITY WATER AND SEWER CONNECTIONS * Located in a PRIME AREA, it is just a 2-MINUTE WALK to TIM HORTONS, TACO TIME, LCBO, and within proximity to SHOPPERS DRUG MART, METRO, TRENTON MARINA, and the TRENT RIVER * The location ensures STEADY FOOT TRAFFIC from both locals and visitors, making it PERFECTLY SUITED FOR MIXED-USE DEVELOPMENT and offering DUAL INCOME STREAMS from commercial and residential spaces * Don't miss this extraordinary opportunity to build something remarkable in the heart of Downtown Trenton! Corner Of Murphy And Middle Street. The majority of the lot is paved and has parking for 40 vehicles. * City Water & Sewer Connections In Place * Bus Stop ID: 008 at Middle & Murphy is right next to the property line. * PRICED TO SELL! Offer Welcome Anytime * An incredible and rare corner development opportunity awaits in Downtown Trenton! PRICED TO SELL!

Listed by EXP REALTY · MLS# X12705462

Features & Details

Property details of 70 Murphy Street, Quinte West, ON

Property TypeVacant Land
StyleOther

Mortgage Calculator

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Mortgage Payment$6,382/monthly
Principal54%
Interest46%
Principal Amount$1,039,200
Interest$875,279
Total Payable$1,914,479
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$6,382
Mortgage + Expenses$6,382
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$
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Monthly Cash Flow-$6,382

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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