540 Old Hwy 2 N/A, Quinte West, ON K8V 5P5 (1st Avenue.)

Price : $1,400,000.00 , MLS®# : X13101894

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.

Location Description

1st Avenue.

Property Details
  • Community: Sidney Ward
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 15005.43
Building Features
  • Parking Type : None
Building Features
  • Heating : Baseboard
  • Sewer : Septic ,
Land (Lot Features)
  • Frontage: 188.22 sq.ft
  • Land Depth: 142.3sq.ft

Listing Contracted With: ROYAL LEPAGE PROALLIANCE REALTY