Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

540 Old Hwy 2 N/A, Quinte West, ON K8V 5P5 (1st Avenue.)
$ 1400000 - MLS : X13101894

From Our Gallery

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.

Location Description

1st Avenue.

Property Detail

Community: Sidney Ward
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 15005.43

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard
Sewer : Septic ,

Listing Contracted With: ROYAL LEPAGE PROALLIANCE REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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