HomeListingsQuinte WestX13101894

540 Old Hwy 2 N/A Quinte West ON

📍 Quinte West, Ontario K8V 5P5

$1,400,000

Active
188.22×142.3LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13101894
ListedMay 8, 2026
Days on Market
Property TypeCommercial
StyleInvestment
Cross Street1st Avenue.
Possessionflexible

📝 Listing 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 TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width188.22 ft
Lot Depth142.3 ft
Lot Size0.52 sqft
Cross Street1st Avenue.

🔧 Building & Utilities

HeatingBaseboard
CoolingPartial
GarageNone

💰 Financial

List Price$1,400,000
Annual Taxes$15,005.43 (2025)
Possessionflexible

🧮 Mortgage Calculator

$280,000
Est. Monthly Payment
$6,878/mo
Principal: $1,120,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE PROALLIANCE REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13101894 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.