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.
Address
370 Meyers Creek Road
List Price
$519,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
Bungalow
Transaction Type
Sale
Area
Quinte West
Sub-Area
Sidney Ward
Region
Hastings
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
12
Rooms Below Grade
1
Bathrooms
2
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
282.35
Lot Shape
Irregular
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
82
Parcel Number
404160154
Occupant Type
Tenant
Cross Street
Old Highway 2 to Whites Road to Meyers Creek Road.
Approx. Age
31 - 50 Years
MLS® Number
X13589488
Listing Brokerage
EXP REALTY, BROKERAGE
Basement Area
Full, Walk-Up, Partially Finished
Postal Code
K8V 5P8
Posession Details
TBD
Parking
Private, Other
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$3,364.00
Tax Year
2025
Rural Utilities
Cable Available, Cell Services, Electricity Connected, Garbage Pickup, Internet High Speed, Natural Gas To Lot Line, Recycling Pickup
Site Influences
Golf, Porch, Privacy, Wooded/Treed
Exterior Features
Porch, Privacy
Interior Features
None
Property Features
Golf, Wooded/Treed
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Unknown
Board Or Association
Kingston & Area Real Estate Association
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
Window Unit(s)
Construction Materials
Aluminum Siding, Brick
Direction Faces
South
Fireplace
No
Foundation Details
Concrete Block
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LOI 11, CONCESSION 1, PT 1 OF 21R9392, QUINTE WEST, SIDNEY WARD
Security Features
Carbon Monoxide Detectors, Smoke Detector
Topography
Flat
Water Source
Drilled Well
View Type
Trees/Woods, Forest
Waterfront
No
Sewer
Septic
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 3.45 x 3.21 | |
| Main | Dining Room | 2.41 x 1.91 | |
| Main | Living Room | 3.56 x 6.17 | |
| Main | Primary Bedroom | 2.62 x 4.57 | |
| Main | Bedroom 2 | 4.38 x 2.55 | |
| Main | Bedroom 3 | 3.35 x 2.45 | |
| Main | Bathroom | 2.63 x 1.49 | 4 Pc Bath |
| Basement | Utility Room | 2.27 x 9.02 | |
| Main | Kitchen | 3.45 x 3.14 | |
| Main | Dining Room | 2.41 x 1.98 | |
| Main | Living Room | 3.54 x 6.16 | |
| Main | Primary Bedroom | 4.38 x 2.58 | |
| Main | Bedroom 2 | 2.62 x 4.55 | |
| Main | Bedroom 3 | 3.35 x 2.46 | |
| Main | Bathroom | 2.62 x 1.54 | 4 Pc Bath |
