For Sale Multi-Family

370 Meyers Creek Road

$489,900 Est. $2,169/mo ↓

Quinte West, Ontario K8V 5P8

Price reduced $10,000 on August 19, 2026

6 Bedrooms
2 Bathrooms
2,000 - 2,500 sqft Interior
6 Parking spaces
82 X 282.4 Ft, 1/2 - 1.99 Acres Lot size
Today Listed
Virtual tour Bungalow Window Air Conditioner Forced Air Finished basement

About this home

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. (id:28469)

Facts & features

Property

MLS® Number
X13589488
Property Type
Multi-family
Community Name
Sidney Ward
Amenities Near By
Golf Nearby
Easement
Unknown
Features
Wooded Area, Irregular Lot Size, Flat Site
Parking Space Total
6
Structure
Porch

Building

Bathroom Total
2
Bedrooms Above Ground
6
Bedrooms Total
6
Age
31 To 50 Years
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Partially Finished
Basement Features
Walk-up
Basement Type
Full, N/a, N/a (partially Finished)
Cooling Type
Window Air Conditioner
Exterior Finish
Aluminum Siding, Brick
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Propane
Heating Type
Forced Air
Stories Total
1
Size Interior
2,000 - 2,500 Sqft
Type
Duplex
Utility Water
Drilled Well

Parking

No Garage

Land

Acreage
No
Land Amenities
Golf Nearby
Sewer
Septic System
Size Depth
282 Ft ,4 In
Size Frontage
82 Ft
Size Irregular
82 X 282.4 Ft
Size Total Text
82 X 282.4 Ft|1/2 - 1.99 Acres
Zoning Description
Rr

Utilities

Cable
Available
Wireless
Available
Electricity Connected
Connected
Natural Gas Available
At Lot Line

The Sidney Ward market

4 Active listings
$532,450 Median asking price
8% below median This home
19 days Avg. time on market
Browse all Sidney Ward listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$2,169/mo
Ontario land transfer tax
$6,273 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Rooms

Basement

  • Utility Room 2.27 m x 9.02 m

Main Level

  • Kitchen 3.45 m x 3.21 m
  • Living Room 3.54 m x 6.16 m
  • Primary Bedroom 4.38 m x 2.58 m
  • Bedroom 2 2.62 m x 4.55 m
  • Bedroom 3 3.35 m x 2.46 m
  • Bathroom 2.62 m x 1.54 m
  • Dining Room 2.41 m x 1.91 m
  • Living Room 3.56 m x 6.17 m
  • Primary Bedroom 2.62 m x 4.57 m
  • Bedroom 2 4.38 m x 2.55 m
  • Bedroom 3 3.35 m x 2.45 m
  • Bathroom 2.63 m x 1.49 m
  • Kitchen 3.45 m x 3.14 m
  • Dining Room 2.41 m x 1.98 m

Location

370 Meyers Creek Road, Quinte West, Ontario K8V 5P8  ·  Get directions

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