Property Information:

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:27)

Building Features:

Style: Duplex
Building Type: Duplex
Air Conditioning: Yes
Architectural Style: Bungalow
Basement Development: Partially finished
Basement Type: Full, N/A, N/A
Easement: Unknown
Exterior Finish: Aluminum siding, Brick
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Propane
Cooling Type: Window air conditioner
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 2
Amenities Nearby: Golf Nearby
Features: Wooded area, Irregular lot size, Flat site
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 282.3 Feet
Lot Frontage: 82 Feet
Lot Size: 82 x 282.4 FT
Structure Type: Porch
Utility Type: Cable - Available, , Wireless - Available,
Zoning: RR
Sewer: Septic System
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Utility Basement Level 2.27 m x 9.02 m
Kitchen Main Level 3.45 m x 3.21 m
Living Main Level 3.54 m x 6.16 m
Primary Bedroom Main Level 4.38 m x 2.58 m
2nd Bedroom Main Level 2.62 m x 4.55 m
3rd Bedroom Main Level 3.35 m x 2.46 m
Bathroom Main Level 2.62 m x 1.54 m
Dining Main Level 2.41 m x 1.91 m
Living Main Level 3.56 m x 6.17 m
Primary Bedroom Main Level 2.62 m x 4.57 m
2nd Bedroom Main Level 4.38 m x 2.55 m
3rd Bedroom Main Level 3.35 m x 2.45 m
Bathroom Main Level 2.63 m x 1.49 m
Kitchen Main Level 3.45 m x 3.14 m
Dining Main Level 2.41 m x 1.98 m

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Courtesy of: EXP REALTY, BROKERAGE

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Demographic Information of 370 MEYERS CREEK ROAD, Quinte West (Sidney Ward), Ontario, K8V 5P8

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$136,000.00

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.42 %

High school certificate or equivalent

47.37 %

Apprenticeship trade certificate/diploma

6.58 %

College/non-university certificate

18.42 %

University Degree

9.21 %

Commuter

Travel To Work

By Car

97.5 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

2.5 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

370 MEYERS CREEK ROAD, Quinte West (Sidney Ward), Ontario, K8V 5P8

Property Information:

Building Features:

Property Features:

Rooms:

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Market Price Trends

Location of 370 MEYERS CREEK ROAD, Quinte West (Sidney Ward), Ontario, K8V 5P8

Demographic Information of 370 MEYERS CREEK ROAD, Quinte West (Sidney Ward), Ontario, K8V 5P8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent