370 Meyers Creek Road Quinte West, Ontario K8V 5P8
$519,900
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:29295)
Property Details
| 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 Ft2 |
| 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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Utility Room | 2.27 m | 9.02 m | 2.27 m x 9.02 m |
| Main Level | Kitchen | 3.45 m | 3.21 m | 3.45 m x 3.21 m |
| Main Level | Living Room | 3.54 m | 6.16 m | 3.54 m x 6.16 m |
| Main Level | Primary Bedroom | 4.38 m | 2.58 m | 4.38 m x 2.58 m |
| Main Level | Bedroom 2 | 2.62 m | 4.55 m | 2.62 m x 4.55 m |
| Main Level | Bedroom 3 | 3.35 m | 2.46 m | 3.35 m x 2.46 m |
| Main Level | Bathroom | 2.62 m | 1.54 m | 2.62 m x 1.54 m |
| Main Level | Dining Room | 2.41 m | 1.91 m | 2.41 m x 1.91 m |
| Main Level | Living Room | 3.56 m | 6.17 m | 3.56 m x 6.17 m |
| Main Level | Primary Bedroom | 2.62 m | 4.57 m | 2.62 m x 4.57 m |
| Main Level | Bedroom 2 | 4.38 m | 2.55 m | 4.38 m x 2.55 m |
| Main Level | Bedroom 3 | 3.35 m | 2.45 m | 3.35 m x 2.45 m |
| Main Level | Bathroom | 2.63 m | 1.49 m | 2.63 m x 1.49 m |
| Main Level | Kitchen | 3.45 m | 3.14 m | 3.45 m x 3.14 m |
| Main Level | Dining Room | 2.41 m | 1.98 m | 2.41 m x 1.98 m |
Utilities
| Cable | Available |
| Wireless | Available |
| Electricity Connected | Connected |
| Natural Gas Available | At Lot Line |
Joey Moser
Salesperson
225-427 Princess St
Kingston, Ontario K7L 5S9
(866) 530-7737
www.exprealty.ca/
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July 21 2026 07:19:52
Kingston & Area Real Estate Association
Exp Realty, Brokerage