370 MEYERS CREEK ROAD, Quinte West (Sidney Ward)

$464,900

For sale: Multiplex

Multiplex at 370 MEYERS CREEK ROAD, Quinte West (Sidney Ward)
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13589488
Neighbourhood
Sidney Ward

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.

Sold data

Homes in Sidney Ward — recent sold market

Homes in Sidney Ward took a median of 39 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 60, across 47 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $599,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$599,900
Sale-to-list ratio
97.5%
Sold above asking
4%

Based on 47 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 370 MEYERS CREEK ROAD