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Home ON Hastings Quinte West
5 CRESWELL DRIVE
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5 CRESWELL DRIVE $6,300,000
$6,300,000
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5 CRESWELL DRIVE
Quinte West, Ontario K8V6H5

MLS® Number: X9285294
1 + 2
Bedrooms
26
Bathrooms
-
Square Feet

Listing 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. (36635155)

Location Description

Creswell Drive and Quinte Street

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Land Size
231.89 x 206.94 FT
Annual Property Taxes
$43,669.12
Total Parking Spaces
44
Time on REALTOR.ca
82 days

Building

Bedrooms
Above Grade
1
Below Grade
2
Bathrooms
Total
26
Interior Features
Appliances Included
Oven - Built-In, Water Heater - Tankless
Building Features
Foundation Type
Slab
Building Amenities
Separate Heating Controls
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
44

Land

Lot Features
Frontage
231 ft ,10 in
Land Depth
206 ft ,11 in
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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