Commercial listings / Investment / For sale

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

$1,400,000

Property type
Investment
Transaction
For sale
Location
Quinte West, Hastings
Building area
7,350 Square Feet
Lot size
0.523 Feet
MLS® number
X13101894

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.

Listing brokerage: Royal Lepage Proalliance Realty

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