For Sale

534-540 Old Hwy 2 Unit# 534, Quinte West, Ontario K8V5P5

$1,398,000

534-540 Old Hwy 2 Unit# 534, Quinte West, Ontario K8V5P5 is For Sale and has a listing price of 1,398,000. The property is located in the Quinte West neighbourhood. It's been on the website for 7 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: X11938246
  • Office Name EKORT REALTY LTD.
Property Description

This income generating property features two fully tenanted buildings offering a steady revenue stream. Building #1 consists of 7 residential units and 1 commercial unit. The residential units include 4 two-bedroom apartments and 3 one-bedroom apartments, catering to diverse tenant needs. The commercial unit is an 800 sqft garage/workshop. Building #2 offers 2 residential units: a ground floor 2-bedroom apartment and a basement 2-bedroom apartment. With reliable tenants in place and a mix of residential and commercial income, this property presents a fantastic opportunity for investors looking to expand their portfolio. (id:43137)

Property Details
  • MLS ID: X11938246
  • Price: $1,398,000
  • Transaction Types: For Sale
  • Ref ID: 27836592
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/18/2025 X11938246 $1,398,000 For Sale - -
03/11/2024 X8137708 $1,400,000 For Sale - -
03/07/2024 X8122808 $1,400,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Quinte West
  • $724,685 Average List Price
    based on 1 year
  • 122 New Listings
    based on 30 days
  • 57 Median Days on Market
    based on 1 year
  • List vs. Selling Price 65.62 % Up
  • Sold (12mo) 393
  • Rented (12mo) 54

  • 1 Month Change +55.0%
  • 3 Month Change +8.4%
  • 6 Month Change +42.3%
Walkscore
Property Type Distribution
  • All Houses
    82.71%
  • Commercial
    13.02%
  • Condo
    2.65%
  • Land for Sale
    1.62%
Additional Details
  • Sewers Septic System
  • Heating System Other
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 18/01/2025 00:00:00
  • Zoning Rh Sp:71
  • Agent Name: Jamie T. Troke
  • Last Updated: 23/01/2025 21:49:13
Open House Dates
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