540 Old Hwy 2 N/A, Quinte West, ON K8V 5P5
$1,400,000
$1,400,000
MLS®#:
X13101894
Property Type:
Investment
Property Style:
Area:
Hastings
Community:
Sidney Ward
Taxes:
$15,005.43 / 2025
Added:
May 08 2026
Lot Frontage:
188.22
Lot Depth:
142.3
Status:
Active
Outside:
Year Built:
Brokerage:
Royal Lepage Proalliance Realty
Lot :

142

188

BIG LOT

Intersection:
1st Avenue.
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Baseboard
Heating Fuel:

Listing Details

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.

Insights

  1. Strong Income Potential: This property features two fully leased buildings, providing a diverse revenue stream from seven residential units and one commercial space, ensuring consistent cash flow for investors.
  2. Attractive Residential Mix: The residential component includes a mix of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base and enhancing occupancy rates.
  3. Commercial Income Opportunity: The commercial unit, featuring an 800 sq ft garage/workshop, adds valuable income potential, making this property a versatile investment option for both residential and commercial markets.

Neighborhood Overview

Complete neighborhood profile for 540 Old Hwy 2 N/A

Sidney Ward home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Sidney Ward
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)