540 OLD HWY 2
Quinte West (Sidney Ward), Ontario
MLS® X13101894
$1,400,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13101894
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 13Listing description
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.
Property summary
- MLS® number
- X13101894
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 7,350 sq ft
- Land size
- 0.523 acres
- Annual property taxes
- $15,005.43
- Days on market
- 110 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,400,000 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 Royal Lepage Proalliance Realty, Belleville.
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.