Sold

550 Old Highway 2, Quinte West, Ontario K8V 5P5

$689,000 $657,500

550 Old Highway 2, Quinte West, Ontario K8V 5P5 is Sold and has a listing price of 689,000. The property is located in the Quinte West neighbourhood . It's been on the website for 283 Days.

  • Detached
    Property Type
  • Detached
    Building Style
  • 3
    Bedrooms
  • 1
    Bathrooms
  • 13
    Parking Spaces
  • 0.5
    Approx Lot Area
  • MLS ID: 27405291
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY
Property Description

Affordable Bay of Quinte Waterfront? Yes please! Potential rental income? Don’t mind if I do! Located between Trenton an Belleville on the shores of the Bay, this adorable, recently renovated home can work for you as a lovely 3 bedroom, 1 bath home with a large lot and beautiful natural shoreline with a dock. You’ll love the open concept main level with gorgeous wood floors, bright kitchen with breakfast bar and coffee station. The living room is cozy with gas fireplace with wood surround and bright east facing windows. The dining room also has loads of natural light with a large pantry for storage. You’ll love the updated, modern washroom and spacious main level bedroom. Upstairs is the primary bedroom with enough space for a king sized bed and another bedroom perfect for the kids and grand-kids! At the top of the stairs, there is a even open space for reading nook or office space. Outside is the south-facing deck and 2 detached garages – The first is a triple-car sized (28x29ft) that is insulated and heated plus there is another drive shed (32x 23ft). So this is a great property might work for you as a home..but it can also WORK! FOR! YOU! as a successful rental property! It is currently operated for approximately 7 months of the year as a short term rental. The property comes furnished – making this truly a turn-key business opportunity. Located in the beautiful Quinte region, you’ll enjoy proximity to wineries, local breweries, world class beaches and all the really cool business that make our area unique! Waterfront properties are in limited supply.

Property Details
  • Bedrooms: 3
  • MLS ID: 27405291
  • Bathrooms: 1
  • Price: $689,000
  • Lot Depth: 950
  • Lot Front: 50
  • Transaction Types: Sold
  • Ref ID: 27405291
  • View: View, View Of Water, Direct Water View
  • Year Built: N/A
  • Lot Area: 0.50 Sqft
  • Approx Sqft: 1100-1500
  • Bonus Room: N/A
  • Dir / Cross St: Highway #2 west of Whites Road on South Side
  • Status: U
  • Tax Year: 2024
  • Approx Age: 51-99
  • Rooms: 2
  • Municipality District: Quinte West
  • Building Type: Residential
  • Building Style: Detached
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Primary Bedroom - Second 5.5 m x 3.65 m
Bedroom 2 - Second 3.12 m x 4.15 m
Kitchen - Main 3.75 m x 4.49 m
Dining room - Main 3.17 m x 3.42 m
Living room - Main 3.75 m x 6.13 m
Bedroom 3 - Main 3.17 m x 3.47 m
Bathroom - Main 2.05 m x 2.52 m
Neighborhood Stats
Quinte West
  • $761,786 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 63 Median Days on Market
    based on 1 year
  • List vs. Selling Price 80.06 % Up
  • Sold (12mo) 345
  • Rented (12mo) 58

  • 1 Month Change -20.1%
  • 3 Month Change -25.8%
  • 6 Month Change +8.5%
Walkscore
  • 22 Walk Score
    Car-Dependent
  • 31 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    82.57%
  • Commercial
    13.18%
  • Condo
    3.3%
  • Land for Sale
    0.96%
Additional Details
Extras

Short-term rental details, list of numerous improvements and costs are available in documents

  • Heat Type Forced Air
  • Sewers Septic
  • Heat Source Gas
  • Water Body Type Bay
  • Water Features1 Dock
  • Style 2-storey
  • Washroom Type1: 1
  • Basement2 Unfinished
  • Garage Type Detached
  • Parking Spaces: 10
  • Water Municipal
  • Exterior Vinyl Siding
  • Cooling System Central Air Conditioning
  • Total Parking Spaces: 13
  • Property Features3 Lake/pond
  • Property Features4 School
  • Property Features5 School Bus Route
  • Property Features6 Waterfront
  • Property Features Clear View
  • Property Features2 Lake Access
  • Garage: 3
  • Waterfront: Direct
  • Basement Full
  • Kitchen Y
  • Fireplace True
  • Family Room: N
  • Area Code: 28
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: N/A
  • Washrooms Type 3 # Pcs: N/A
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: N/A
  • Washrooms Type 3: N/A
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $4,152
  • Sold Date: 02/12/2024
  • Last Status Sld
  • Original Price: $689,000
  • Sold Price: $657,500
  • Addl Monthly Fees: $0
  • Telephone A
  • Days On Market2: 81
  • Type: .d.
  • % Listing Price: 95
  • Possession Remarks: Spring 2025
  • Listing Entry Date: 12/09/2024 11:48:25
  • First Open House Date:
  • Possession Date:
  • Zoning Rm3c
  • Zoning Y
  • Agent Name: SARA FORGIE,Vicki Forgie
  • Closed Date: 30/04/2025
  • Last Updated: 03/12/2024 12:30:55
Want to see this property?