$464,900
↓ $55,000 from $519,900
Est. payment $2,058/moCalculate yours
370 MEYERS CREEK Road, Quinte West, ON K8V 5P8
Sidney Ward, Quinte West, ON K8V 5P8
- 6 Beds
- 2 Baths
- 2,000 Sq Ft
Listing courtesy of EXP REALTY, BROKERAGE MLS® X13589488
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.
Property details
Overview
- Property Type
- Duplex
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 31-50
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Walk-Up, Partially Finished
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Window Unit(s)
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 82 x 282.35 Feet
- Parking
- None garage · 6 total
- Zoning
- RR
Financial
- Property Taxes
- $3,364 (2025)
Location
- Neighbourhood
- Sidney Ward
- Cross Street
- Old Highway 2 to Whites Road to Meyers Creek Road.
- Direction Faces
- South
Listing
- MLS® Number
- X13589488
- Days on Market
- 89
- Listed On
- 2026-07-21
- Possession
- TBD
- Listed By
- EXP REALTY, BROKERAGE
Rooms
Features
Interior
- None
Property
- Golf
- Wooded/Treed
Pool
- None
- Included
- Unit B: Refrigerator, stove, dishwasher, washer, and dryer.
- Excluded
- All tenant belongings.
Mortgage calculator
Estimated mortgage payment
$2,058 per month
- Principal and interest
- $2,058
- Property tax
- $280
- Condo fees
- $0
- Estimated monthly cost
- $2,339
Your mortgage
- Mortgage amount
- $371,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $245,623
Cash to close
- Down payment
- $92,980
- Land transfer tax
- $5,773
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $98,753
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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