5 Creswell Drive Quinte West, Ontario K8V 6H5

3 Bedroom 26 Bathroom
Baseboard Heaters

$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:47351)

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