13
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$1,400,000
Est. payment /mo
7,350 SqFt
Active
540 Old Hwy 2 N/A Quinte West, ON K8V 5P5
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,350 sqft
Price per Sqft $190
Subdivision Sidney Ward
MLS Listing ID X13101894
Annual Tax Amount $15,005
Tax Year 2025
Lot Size 0.523 Acres
Property Sub-Type Investment
Property 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
Province ON
County Hastings
Area Hastings
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 188.22
Lot Depth 142.3
Others
Security Features No
ParcelsYN No
Listed by Royal Lepage Proalliance Realty
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