5 Creswell Drive | 5 Creswell Dr
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5 Creswell Drive 5 Creswell Dr
26 Unit Apartment Building $4,444,539 USD ($170,944 USD/Unit) Quinte West, ON K8V 6H5
Executive Summary
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 $2,100,000. Seller will consider bundling these 2 properties together. Please see MLS# X9285274.
Property Facts
| Price | $4,444,539 USD | Apartment Style | Low Rise |
| Price Per Unit | $170,944 USD | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 27,531 SF |
| No. Units | 26 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1985/2021 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Price | $4,444,539 USD |
| Price Per Unit | $170,944 USD |
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.63 AC |
| Building Size | 27,531 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2021 |
| Parking Ratio | 1.6/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 13 | - | - |
| 2+1 | 12 | - | - |
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Walk Score ®
Very Walkable (76)
zoning
| Zoning Code | R4-6 (Residential Type 4 Zone with Special Provisions) |
| R4-6 (Residential Type 4 Zone with Special Provisions) |
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5 Creswell Drive | 5 Creswell Dr
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