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Royal LePage
Royal LePage
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$1,348,000

Quinte West (Sidney Ward) ON, K8V 5P5

MLS® # X11938246

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 7350 sqft
  • Heating Type: Other
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 7350 Square Feet
  • Irregular: Yes
  • Lot Depth: 147.0 Feet
  • Lot Frontage: 191.8 Feet
  • Lot Size: Bldg=191.9 x 147 FT
  • Zoning: CR
  • Sewer: Septic System

Courtesy of: EKORT REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 534-540 OLD HWY 2, Quinte West (Sidney Ward), Ontario, K8V 5P5

Demographic Information of 534-540 OLD HWY 2, Quinte West (Sidney Ward), Ontario, K8V 5P5

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,955.82

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.16 %

High school certificate or equivalent

36.28 %

Apprenticeship trade certificate/diploma

6.35 %

College/non-university certificate

24.59 %

University Degree

9.62 %

Commuter

Travel To Work

By Car

95.7 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

4.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.14 %

Houses

93.86 %

Own Vs. Rent

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