100 East Davis Street, Quinte West, ON K8V 4L1

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List Price
$659,900
MLS#
X13062610
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Quinte West
Area
Hastings
Neighborhood
Trenton Ward
Subdivision
Trenton Street & Telephone Road

Property Description

An exceptional investment opportunity! This proposed three-storey, 22-unit apartment building is designed with both functionality and strong income potential in mind. Featuring a well-balanced unit mix, including two accessible units, the layout appeals to a broad tenant base while meeting modern accessibility standards. Purpose designed with investors in mind, the efficient three-storey design maximizes density while keeping construction and operating costs manageable, an ideal combination for those seeking stable cash flow and long-term appreciation. The inclusion of accessible units further enhances marketability and positions the property to meet evolving rental demand. Ideally located with excellent access to Highway 401 and within walking distance to downtown amenities, this site offers outstanding convenience for tenants-an important driver of occupancy and rental stability. Proximity to shopping, services, and employment hubs makes this a highly desirable rental location. A rare opportunity to secure a well conceived multi-residential development with strong upside potential perfect for investors looking to expand or establish their portfolio with a high-demand asset. (Note: It is the land, plans, and existing approvals are being sold.)

Additional Information

Taxes
$4,778
Waterfront Type
None

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Calculator source: Real Geeks

Listing courtesy of Royal Lepage Proalliance Realty.