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$659,900
ActiveAbout this Property
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.)
Listed by ROYAL LEPAGE PROALLIANCE REALTY · MLS# X13062610
Features & Details
Property details of 100 East Davis Street, Quinte West, ON
Market Insights for Vacant Land in Hastings
Based on 29 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 101 days). Buyers have more negotiating power and time to decide.
New Listings
29
Avg Days on Market
101 days
Avg Price/Sq Ft
$286
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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