5 Creswell Drive Quinte West, Ontario K8V 6H5
$6,300,000
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 $2,200,000. Seller will consider bundling these 2 properties together. Please see MLS# X9285274. (id:50886)
Property Details
| MLS® Number | X9285294 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 44 |
Building
| BathroomTotal | 26 |
| BedroomsAboveGround | 1 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 3 |
| Amenities | Separate Heating Controls |
| Appliances | Oven - Built-in, Water Heater - Tankless |
| ExteriorFinish | Brick |
| FoundationType | Slab |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 206 Ft ,11 In |
| SizeFrontage | 231 Ft ,10 In |
| SizeIrregular | 231.89 X 206.94 Ft |
| SizeTotalText | 231.89 X 206.94 Ft |
https://www.realtor.ca/real-estate/27349861/5-creswell-drive-quinte-west
Interested?
Contact us for more information
Jamie T. Troke
Broker of Record
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September 16 2024 05:20:32
Durham Region Association of REALTORS®
Ekort Realty Ltd.