370 MEYERS CREEK Road
Quinte West, ON
6 bed • 2 bath • approx. 2000-2500 sqft • Duplex • 37 days on market
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.
Virtual Tour
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Listing Details
- Taxes (2025)
- $3,364
- Originally Listed
- $519,900
- Listed
- July 21, 2026
Price History
Property
- Style
- Bungalow
- Age
- 31-50
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- None
- Lot Size
- 82 x 282.35 Feet
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Old Highway 2 to Whites Road to Meyers Creek Road.
- Zoning
- RR
- Parcel Number
- 404160154
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Unit B: Refrigerator, stove, dishwasher, washer, and dryer.
- Exclusions
- All tenant belongings.
Schools
Secondary
- École secondaire publique Marc-Garneau3.8 km
French public · CÉP de l'Est de l'Ontario · 85 students
Grade 10 literacy: 100% met the provincial standard
- Bayside Secondary School4 km
Public · Hastings & Prince Edward DSB · 925 students
Grade 10 literacy: 86% met the provincial standard
- École secondaire catholique L'Envol4.1 km
French Catholic · CSDC du Centre-Est de l'Ontario
Elementary
- École élémentaire publique Cité Jeunesse3.8 km
French public · CÉP de l'Est de l'Ontario · 235 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 67% met the provincial standard
- École élémentaire publique Marc-Garneau3.9 km
French public · CÉP de l'Est de l'Ontario · 55 students
- École élémentaire catholique L'Envol4.1 km
French Catholic · CSDC du Centre-Est de l'Ontario · 180 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 57% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K8V
- Population
- 28,936
- Private dwellings
- 12,523
- Median age
- 43.6
- Average household size
- 2.4
- Median household income
- $76,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Quinte West · last 12 months
- Median sold price
- $510,000
- Homes sold
- 658
- Median days on market
- 29
- Sale-to-list price
- 97.6%
Based on 658 recorded sales of residential freehold properties in Quinte West over the last 12 months.
Rooms
2 × 4-piece on Main
Main
- Bathroom8'7" x 5'1"
- Bathroom8'8" x 4'11"
- Bedroom 28'7" x 14'11"
- Bedroom 214'4" x 8'4"
- Bedroom 311' x 8'1"
- Bedroom 311' x 8'
- Dining Room7'11" x 6'6"
- Dining Room7'11" x 6'3"
- Kitchen11'4" x 10'6"
- Kitchen11'4" x 10'4"
- Living Room11'7" x 20'3"
- Living Room11'8" x 20'3"
- Primary Bedroom14'4" x 8'6"
- Primary Bedroom8'7" x 15'
Basement
- Utility Room7'5" x 29'7"
Listed by
EXP REALTY, BROKERAGE
Location
Mortgage Calculator
$97,980
Estimated Monthly Payment
$2,407
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,407/mo (20% down, 5.5%)
Taxes: $280/mo · Insurance: $122/mo
Estimates only. Consult a financial advisor.
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