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Two-story structure featuring a gambrel roofline with shingle roofing Features: stairs, balcony, grill, satellite dish, shingle roof, mansard roof, horizontal siding

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For Sale - 540 Old Hwy 2 N/A, Quinte West, Ontario

540 Old Hwy 2 N/a

Quinte West , Ontario

$1,400,000

Est payment $6,723/mo

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Time on Jump 163 day

AI Summary *

Turnkey investment with two fully leased buildings generating consistent income.
Building 1 has seven residential units and one commercial space for diverse revenue.
Spacious two-bedroom and one-bedroom apartments attract a broad tenant base.
Commercial unit includes an 800 sq ft garage/workshop for additional income.
Dependable tenants in place for stable cash flow and portfolio growth.

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Purchase Price

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Down Payment:
$ 70,000 ( 5% )

First Time Buyer:
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New Build:
Yes No

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.

Listing IDX13101894

Address540 Old Hwy 2 N/A

CityQuinte West, Ontario

Price$1,400,000

StyleInvestment

Land Size0.523

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentHeating / Cooling BaseboardSewer Septic

Market Info

Listing Brokerage: Royal Lepage Proalliance Realty

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Listing Brokerage: Royal Lepage Proalliance Realty

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For Sale - 540 Old Hwy 2 N/A, Quinte West, Ontario

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Market Info

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