← All listings

For Sale

540 Old Hwy 2, Quinte West, ON K8V 5P5

$1,400,000

  • Investment
  • MLS® X13101894

Listing Brokerage: Royal Lepage Proalliance Realty

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

MLS® number
X13101894
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Sidney Ward
City
Quinte West
Building area
7350 Square Feet
Lot width
188.22 Feet
Lot depth
142.3 Feet
Heating
Baseboard
Cooling
Partial
Garage
None
Taxes
$15,005.43
Tax year
2025
Business type
Apts - 6 To 12 Units
Office area
7350
Clear height (ft)
8
Listing brokerage
Royal Lepage Proalliance Realty

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 19, 2026 at 7:54 pm.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Request Free Evaluation