5 Creswell DR Pending

Quinte West,ON K8V 6H5

$ 6300000

3 Beds

26 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X9285294

Style 2-Storey

Bedrooms 3

Annual Tax Amount $43,669

Tax Year 2024

Property Description

Discover a lucrative investment with this well-maintained 26-unit apartment building, perfectly positioned in the heart of downtown Quinte West. Just steps from the scenic Trent Port Marina and Metro, this property offers a prime location that appeals to a wide range of tenants. The building features a diverse mix of units, including one bachelor unit, 13 one-bedroom units, and 12 two-bedroom units, catering to various tenant needs. The main level units were 100% new construction in 2021. Its proximity to the marina, local shops, restaurants, and public transportation makes it an attractive option for tenants seeking a vibrant, walkable lifestyle. Whether you're an experienced investor or looking to expand your portfolio, this apartment building promises strong potential for steady cash flow and long-term appreciation. Don't miss out on this exceptional opportunity to own a multi-residential property in a high-demand area. Also listed with the Seller is 17468 Highway 2 Quinte West - a single tenant (MPAC) commercial building for sale for $2,150,000. Seller will consider bundling these 2 properties together. Please see MLS# X9285274.

Location

Province ON

County Hastings

Area Hastings

Rooms

Family Room No

Basement None

Kitchen 1

Separate Den/Office 2

Interior

Interior Features Built-In Oven,On Demand Water Heater,Separate Heating Controls

Cooling None

Exterior

Parking Features Private

Garage Spaces 44.0

Pool None

Roof Type Other

Lot Frontage 231.89

Lot Depth 206.94

Total Parking Spaces 44

Building

Foundation Slab

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