370 MEYERS CREEK ROAD
Quinte West (Sidney Ward), Ontario
MLS® X13589488
$484,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13589488
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 50Listing description
Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile.
The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.
97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss.
Property summary
- MLS® number
- X13589488
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 82 x 282.4 FT
- Annual property taxes
- $3,364.00
- Parking
- 6 spaces · No Garage
- Days on market
- 57 days
Features & details
- Heating
- Forced air, Propane
- Cooling
- Window air conditioner
- Basement
- Partially finished, Full, Walk-up, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Exterior features
- Brick, Aluminum siding
- Lot features
- Wooded area, Irregular lot size, Flat site
- Architectural style
- Bungalow
What would this home cost you?
Based on the $484,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, BROKERAGE, KINGSTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.