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

Total Parking Spaces 44

Building

Foundation Slab

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