5 Creswell Drive, Quinte West, ON K8V 6H5, Quinte West, ON
Bed 3
Bath 26
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.
Property Highlights
For Sale
MLS NO.
X9285294
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
3
Bathrooms
26
Parking
44.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Pending
Contract Status
Unavailable
MLS® Number
X9285294
Total Bedrooms
3
Bedrooms Above Grade
1
Bedrooms Below Grade
2
Total Bathrooms
26
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
26
Interior Features
Built-In Oven, On Demand Water Heater, Separate Heating Controls
Fireplace
No
Construction
Brick
Roof
Other
Lot Width
231.89
Parking Features
Private
Parking Total
44.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
East
Cooling
None
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
5 Creswell Drive, Quinte West, ON K8V 6H5
City
Quinte West
Neighbourhood
Trenton Ward
County / Region
Hastings
Province / State
ON
Postal Code
K8V 6H5
Cross Street
Creswell Drive and Quinte Street
Country
CA
List Price
$6,300,000
Annual Taxes
$43,669
Tax Year
2024
Legal Description
LT 5 E/S STEWART ST BLK B PL 76 MURRAY; PT WILKINS ST PL 76 MURRAY CLOSED BY RBL128; PT LT 6 E/S STEWART ST, 7 E/S STEWART ST, 5 W/S CUMMINS ST, 6 W/S CUMMINS ST BLK B PL 76 MURRAY PT 1 21R8306; QUINTE WEST ; COUNTY OF HASTINGS
Possession Details
Immediate
Listing Office
EKORT REALTY LTD.
Board
Central Lakes Association of REALTORS
Original Entry
2024-08-30T21:17:53Z
Media Updated
2024-10-25T17:43:46Z
Photos Updated
2024-10-25T17:43:44Z
Last Modified
2024-12-20T17:45:19Z
System Modified
2025-10-11T18:05:33.936661Z
MLS Status
Sold Conditional
Architectural Style
2-Storey
Basement
None
Ddfyn
Yes
Expiration Date
2024-11-30
Foundation Details
Slab
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Hstapplication
Call LBO
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
44
Public Remarks
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.
