$ 6,300,000
5 Creswell DR Quinte West, ON K8V 6H5
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$ 6,300,000
Est. payment | /mo
3 Beds
26 Baths
$ 6,300,000
Est. payment | /mo
3 Beds
26 Baths
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
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
Garage Private
Garage Spaces 44.0
Pool None
Roof Type Other
Total Parking Spaces 44
Building
Foundation Slab
Listed by EKORT REALTY LTD.