108 Nicholas Street, Quinte West

$459,900
108 Nicholas Street

$459,900

New
3d
DetachedOther

108 Nicholas Street, Quinte West

Total Monthly Obligation $2,472

Beds
5
Baths
2
Park
2
Sqft
700-1100
DOM
3d
Score
25
Yield
6.5%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Detached
MLS® Number-X14098930
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 20, 2026
Style-Other
Building Type-Detached
Age-31-50
Taxes-$2,900 (2025)
Parking-2 - None
Basement-Full, Finished
Heating-Baseboard (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Trenton Ward
Title-Residential Freehold

No agent assigned

Welcome to 108 Nicholas. This raised bungalow in Trenton's west side of town is perfect for a large or growing family. 3 Bedrooms up including an oversized primary bedroom with double closets and access to the main floor 4-piece bath. Large living room and kitchen with attached dining area with sliding glass doors leading out to the rear 14 x 14 deck. Great backyard fully fenced, with mature maple for lots of shade and large newer shed for outdoor storage. Downstairs there are 2 more bedrooms and rec room or a potential sixth bedroom. Lower level also has a 3-piece bath and large unfinished laundry room that could be finished for additional living space. 200 amp service with baseboard heating throughout, natural gas wall heater upstairs and Nat gas HWT are both rentals. Gas fireplace on lower level (not working). Full of updates including doors & windows, bathrooms, shingles (2015), eavestrough soffit & fascia. electrical panel, and flooring. Full house painted in 2020. All appliances included. Currently VACANT and in the process of being painted again but move in ready home available for immediate occupancy. Close to downtown and the 401 in a great West-End residential neighborhood. School bus route and many other amenities in the immediate area. Hydro pad mounted transformer easment on front yard. Paved driveway with parking for 2-3 vehicles.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$367,920
Land Transfer Taxes$5,673
Legal Fees (Est.)
$
Total cash required for closing$99,153

Total Monthly Obligation

$2,472/mo
Mortgage $1,855
Monthly Loss $1,984
Principal$488
Interest$1,367
Property Tax$242
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.7%4
5-Year IRR
13.6%62
10-Year IRR
13.5%
Returns Index
32.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$19,600/yr
Net Cash Flow
-$222/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo66
Risk Index
34.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 108 Nicholas Street

Time

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