Space
Finished area and layout
- Living Area
- 7,350 sqft
+8 more
$1,400,000
540 Old Hwy 2
Quinte West, Ontario, K8V5P5
7,350 sqft
Living Area
0.523 ac
Lot
Property Snapshot
Key details for this listing
MLS #X13101894
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
Lot
Land, frontage and setting
- Lot
- 0.523 ac - 0.523
- Frontage
- 188.2 feet
About This Property
This multi-family in Quinte West offers 7,350 sqft of living area on a 0.523 ac lot. The property has lot dimensions of 0.523. The home features baseboard heaters, forced air, natural gas heating, partially air conditioned.
MLS Remarks
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:60351)
Full Listing Details
Address540 OLD HWY 2
MLS#X13101894
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateMay 8, 2026
Days on Market170
Annual Tax$15,005
Possession DetailsFlexible
AttachedAttached
StyleMultiplex
Living Area7,350 sqft
CityQuinte West
ProvinceOntario
Postal CodeK8V5P5
Lot Size0.523 ac
Lot Dimensions0.523
Frontage188.2 feet
Lot FeaturesIrregular lot size
Zoning DetailsCR
HeatingBaseboard heaters, Forced air, Natural gas
CoolingPartially air conditioned
SewerSeptic System
Water SourceMunicipal water
Annual Tax$15,005
Business TypeApts - 6 To 12 Units
1st Avenue.
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