5 Creswell Dr

Quinte West | | K8V 6H5
  • 1 + 2
  • 26
  • 0

$6,300,000

Est. Mtg $21,362 /mo
  • Days on market

    91

  • Status

    Sc

Listing Broker EKORT REALTY LTD.
Since listed: 0 views

Home details

MLS #:

X9285294

Property type:
Multiplex
Style:
2-Storey
Taxes:
$43,669
Possession:
Immediate
Lot Front:
231.89   Feet
Lot Depth:
206.94   Feet
Basement:
None |
Driveway Pkg:
44
Heat:
Electric | Baseboard

Description


5 Creswell Dr, , Quinte West, Ontario is a Multiplex property in Quinte West and in the community in the K8V 6H5 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-08 2024-10 $6,300,000 $6,300,000 Sc X9285294
2023-07 $12 $12 X6521358
2023-07 $12 $12 X6519373

Comparables

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sold Date Address List Price sold Price DOM
2024-09 37-43 Leonard St S, $729,900 $705,000 28
2022-06 24 Wellington St, $2,195,000 $2,085,000 29
2022-04 818 Welland St, $349,900 $386,000 6
2021-11 769 Stirling Ave S, $1,198,000 $1,250,000 25

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Quinte West :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 5 Creswell Dr

Based on available 3rd party data

$25136

Approximate costs per month

Mortgage
$21362 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$3639 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker EKORT REALTY LTD.
Data Source: TRREB

Payment calculator

$25001 monthly. In association with: TD Bank
%
  • Principal and Interest
    21362 /mo
  • Property Taxes
    $3639 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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