370 MEYERS CREEK Road, Quinte West, ON K8V 5P8
Quinte West, ON, K8V 5P8 · Sidney Ward
About this property
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.
Features & Amenities
- Basement: Full, Walk-Up, Partially Finished
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Propane
- Style: Bungalow
- Construction: Aluminum Siding, Brick
- Sewer: Septic
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Duplex |
| Architectural Style | Bungalow |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Lot Size | 1 Feet |
| Basement | Full, Walk-Up, Partially Finished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Propane |
| Cooling | Window Unit(s) |
| Sewer | Septic |
| Annual Tax | $3,364 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Exterior Features
- Porch, Privacy
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Aluminum Siding, Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Full, Walk-Up, Partially Finished
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Propane
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private, Other
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.53
- Lot Size Units
- Feet
- Lot Depth
- 282.35
- Lot Width
- 82.00
Community & Neighborhood
- Property Features
- Golf, Wooded/Treed
Financial & Tax
- Tax Annual Amount
- $3,364
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Septic
- Water Source
- Drilled Well
Room Details
- Rooms Above Grade
- 12
- Rooms Below Grade
- 1
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 0
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Hastings
- Cross Street
- Old Highway 2 to Whites Road to Meyers Creek Road.
- Directions
- Old Highway 2 to Whites Road to Meyers Creek Road.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
370 MEYERS CREEK Road, Quinte West, ON K8V 5P8, Quinte West, ON, K8V 5P8