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540 Old Hwy 2 Quinte West, Ontario K8V 5P5

7350 sqft
Partially Air Conditioned Baseboard Heaters, Forced Air

$1,400,000

This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven residential units and one commercial space, offering an attractive mix of revenue streams. The residential component consists of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base. The commercial unit features an approximately 800 sq ft. garage/workshop, adding valuable commercial income potential. Building 2 offers two additional residential units, including a bright ground-floor two-bedroom apartment and a well-appointed two-bedroom basement apartment. With dependable tenants already in place and a balanced mix of residential and commercial occupancy, this property represents an excellent opportunity for investors seeking stable cash flow and long-term portfolio growth. (id:61445)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X13101894
Property Type Multi-family
Community Name Sidney Ward
Features Irregular Lot Size

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Forced Air
SizeInterior 7350 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Septic System
SizeDepth 142 Ft ,3 In
SizeFrontage 188 Ft ,2 In
SizeIrregular 0.523
SizeTotal 0.523 Ac
SizeTotalText 0.523 Ac
ZoningDescription Cr

https://www.realtor.ca/real-estate/29722172/540-old-hwy-2-quinte-west-sidney-ward-sidney-ward

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Matthew Cooke
Salesperson


Royal LePage Proalliance Realty

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