370 Meyers Creek Road,Quinte West, ON K8V 5P8
Quinte West, ON K8V 5P8
Description
Turnkey duplex investment opportunity! Whether you are looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex is an excellent opportunity. Currently generating $42,000 in annual gross rental income, this property offers immediate cash flow with 2 self-contained units and a strong investment profile. The property features 2 spacious 3-bedroom units, ample parking, separate living spaces, and a low-maintenance lot. Located on a spacious rural lot in a desirable area close to CFB Trenton, schools, shopping, parks, and everyday amenities, it appeals to both tenants and future homeowners alike. With a 5.97% cap rate at the asking price, this income-producing property offers positive cash flow potential and long-term upside. Whether you're a seasoned investor or entering the rental market for the first time, this is an opportunity you will not want to miss.
Details
| MLS # | X13589488 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 29 |
| Listing Provided By | EXP REALTY, BROKERAGE | X13589488 285441 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.53 |
| Property View | Trees, Woods, Forest |
Interior
| Interior Features | None |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Propane |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch, Privacy |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete Block |
| Topography | Flat |
| View | Trees/Woods, Forest |
| Construction Materials | Aluminum Siding, Brick |
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private, Other |
Utilities
| Sewer | Septic |
|---|
Taxes
| Tax Annual Amount | 3364 |
|---|---|
| Tax Legal Description | PT LOI 11, CONCESSION 1, PT 1 OF 21R9392, QUINTE WEST, SIDNEY WARD |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Hastings |
| City | Quinte West |
| Postal Code | K8V 5P8 |
| Area | Sidney Ward |
| Listing VS Median (in K8V 5P8) | |
Price: $489,900 low | high Med: $1,099,510 On site: 29 low | high Med: 205.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Hastings |
| City | Quinte West |
| Postal Code | K8V 5P8 |
| Area | Sidney Ward |
| Listing VS Median (in K8V 5P8) | |
Price: $489,900 low | high Med: $1,099,510 On site: 29 low | high Med: 205.5 | |
