540 Old Hwy 2 Quinte West, Ontario K8V 5P5
$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:49269)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13101894 |
| Property Type | Multi-family |
| Community Name | Sidney Ward |
| Features | Irregular Lot Size |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 7,350 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 142 Ft ,3 In |
| Size Frontage | 188 Ft ,2 In |
| Size Irregular | 0.523 |
| Size Total | 0.523 Ac |
| Size Total Text | 0.523 Ac |
| Zoning Description | Cr |
https://www.realtor.ca/real-estate/29722172/540-old-hwy-2-quinte-west-sidney-ward-sidney-ward
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May 08 2026 03:31:40
Central Lakes Association of REALTORS®
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