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.)
Address
100 East Davis Street
List Price
$659,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
Quinte West
Sub-Area
Trenton Ward
Region
Hastings
Lot Size Source
GeoWarehouse
Lot Depth
174
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
154
Parcel Number
403750407
Occupant Type
Vacant
Cross Street
Trenton Street & Telephone Road
MLS® Number
X13062610
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Postal Code
K8V 4L1
Posession Details
TBD
Tax Amount
$4,778.80
Tax Year
2025
Site Influences
Golf, Hospital, Level, Library, Marina, School Bus Route
Property Features
Golf, Hospital, Level, Library, Marina, School Bus Route
Cable
Available
Central Vacuum
No
Hydro
Available
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Direction Faces
North
Tax Legal Description
PT LT 5 CON 2 MURRAY PT 1 21R12433; QUINTE WEST; COUNTY OF HASTINGS
Topography
Flat
Waterfront
No
Waterfront
None
Sewer
Sewer
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