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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Quinte West
About 540 Old Hwy 2
This turnkey investment property features two fully leased buildings with strong, consistent income potential. Building 1 includes seven residential units and one commercial space, offering an attractive mix of revenue streams. The residential component consists of four spacious two-bedroom apartments and three one-bedroom apartments, appealing to a broad tenant base. The commercial unit features an approximately 800 sq ft. garage/workshop, adding valuable commercial income potential. Building 2 offers two additional residential units, including a bright ground-floor two-bedroom apartment and a well-appointed two-bedroom basement apartment. With dependable tenants already in place and a balanced mix of residential and commercial occupancy, this property represents an excellent opportunity for investors seeking stable cash flow and long-term portfolio growth.
Quinte West investment priced at $1,400,000 — book a tour to see if it fits your search.
Inside 540 Old Hwy 2
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.523
Listing & possession
Property class
Investment
540 Old Hwy 2 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13101894$1,400,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 540 Old Hwy 2 Compares to the Quinte West Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 540 Old Hwy 2
Homes for sale in Quinte West
Every active Quinte West MLS® listing, updated all day.
Average days on market47Homes sold in about 47 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings402Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 276 sales from Jul 25 – Oct 23, 2026 (221 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 540 Old Hwy 2
How much is 540 Old Hwy 2 listed for?
540 Old Hwy 2 is listed at $1,400,000 (MLS® X13101894). Summitly updates the price as soon as the MLS® record changes.
Has the price of 540 Old Hwy 2 changed?
No — 540 Old Hwy 2 is still listed at its original asking price of $1,400,000.
How many bedrooms and bathrooms does 540 Old Hwy 2 have?
The listing for 540 Old Hwy 2 doesn't publish its bedroom and bathroom count. It is a commercial property in Quinte West.
How does 540 Old Hwy 2 compare with other homes in Quinte West?
Its asking price of $1,400,000 is about 171% above the median sold price in Quinte West over the last 90 days, $516,024, across 276 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 540 Old Hwy 2 been sold before?
Summitly has no earlier MLS® sale or lease of 540 Old Hwy 2 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 540 Old Hwy 2?
540 Old Hwy 2 is in Quinte West, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 540 Old Hwy 2 been on the market?
168 days — 540 Old Hwy 2 was listed on May 8, 2026.
What is the land transfer tax on 540 Old Hwy 2?
About $24,475 in Ontario land transfer tax at the asking price of $1,400,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 540 Old Hwy 2 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 540 Old Hwy 2?
The listing for 540 Old Hwy 2 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Quinte West.
When was 540 Old Hwy 2 built?
The listing for 540 Old Hwy 2 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
