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$1,400,000

540 Old Hwy 2 N/A

Quinte West, ON K8V 5P5

540 Old Hwy 2 N/A, Quinte West — Listed at $1,400,000 Investment. MLS® X13101894.

Possession · seller's timeline

Flexible

Apts - 6 To 12 Units
Investment
$15,005.43Taxes/yr · 2025

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 Details

Property TypeInvestment
CommunitySidney Ward
Lot Size0.52 acres (22,782 sq ft)
Lot Dimensions188.22 × 142.3 ft
Lot Size Area0.523 sqft (GeoWarehouse)
Dir/Cross St1st Avenue.
Garage TypeNone
Heating TypeBaseboard
A/CPartial
SewersSeptic
Taxes (2025)$15,005.43
HSTIn Addition To
SecurityNo
Listed Date5/8/2026
Days on Market159 days
Possessionflexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 6 To 12 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires5/7/2027

Industrial Specifications

Clear Height8'6"
Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: Royal Lepage Proalliance Realty

MLS® #X13101894

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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