540 Old Hwy 2, Quinte West, ON K8V 5P5
Sidney Ward, Quinte West · Near 1st Avenue. · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 7350 sq ft
- Lot size
- 188.2 x 142.3 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $15,005/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- 1st Avenue.
- Neighbourhood
- Sidney Ward
More
- MLS® number
- X13101894
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
540 Old Hwy 2 N/A, Quinte West, ON K8V 5P5
Sidney Ward, Quinte West · Near 1st Avenue.
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Listing history for 540 Old Hwy 2 N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 540 Old Hwy 2
Answers come straight from this home’s MLS® listing.
How much is 540 Old Hwy 2 listed for, and what would it cost each month?
540 Old Hwy 2 is listed for $1,400,000. With 20% down ($280,000), the mortgage payment would be roughly $5,647 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,898 a month, all in. That figure is an illustration, not a quote.
Is 540 Old Hwy 2 freehold or a condo, and is there a monthly fee?
540 Old Hwy 2 is a investment in Sidney Ward, Quinte West. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 540 Old Hwy 2 have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 540 Old Hwy 2?
540 Old Hwy 2 is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 540 Old Hwy 2, and what is the lot size?
The lot is listed as 188.2 x 142.3 ft.
How is 540 Old Hwy 2 heated and cooled?
Heating is baseboard. Cooling is partial.
What are the property taxes for 540 Old Hwy 2?
Property taxes are $15,005 a year (2025), or about $1,250 a month.
Where is 540 Old Hwy 2?
540 Old Hwy 2 is in the Sidney Ward community of Quinte West. The nearest main intersection is 1st Avenue.. The postal code is K8V 5P5.
Is 540 Old Hwy 2 still for sale?
Yes. It is an active listing (MLS® X13101894). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 540 Old Hwy 2 asking?
Similar properties for sale nearby right now include 71-93 Patrick Drive at $1,400,000, LT115 RCP 2129 SIDNEY at $1,000,000 and 1531 Foxboro Stirling Road at $999,000 (1+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 540 Old Hwy 2 N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 540 Old Hwy 2?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Sidney Ward, picked by style, size and price.
Land$1,400,00071-93 Patrick Drive, Quinte WestFrankford WardCourtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADAView home →
Vacant land$1,000,000LT115 RCP 2129 SIDNEY, Quinte West0 bath · Sidney WardCourtesy of: Re/Max Quinte Ltd.View home →
Detached home$999,0001531 Foxboro Stirling Road, Quinte West1+2 bed · 2 bath · Sidney WardCourtesy of: Exit Realty GroupView home →Courtesy of: Royal Lepage Proalliance Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.