Karla Knows Quinte!
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613 848 2252
24 Water Street Trent Hills, Ontario K0L 1Y0
$1,349,999
Excellent investment opportunity, This mostly renovated well-maintained 6 + 1-unit apartment building offers a desirable mix of two bachelor apartments, two one-bedroom apartments and three two-bedroom apartments, providing a diversified rental mix within one property. Five of the 6 + 1 units have been renovated, adding to the overall appeal of this established income-producing property. All units are separately metered for both water and hydro, an attractive feature for multi-residential ownership and long-term operating efficiency. The building currently generates approximately $104,263 in gross annual rental income, providing strong existing cash flow with scheduled future rent increases offering additional income potential. Adding to the property's appeal is the potential for future development of an additional multi-unit residential building on the property, creating an opportunity to further increase the number of rental units and overall income potential. Buyer to complete their own due diligence regarding zoning, servicing, development potential, building permits and all required municipal and regulatory approvals. Hastings is situated along the Trent-Severn Waterway, at the meeting of the Trent River and Rice Lake, making the area popular for boating, fishing and outdoor recreation. The community offers local shops, restaurants, parks, trails and essential services, while nearby Campbellford provides additional shopping, healthcare, dining and recreational amenities. With its waterfront setting, relaxed lifestyle and convenient access to surrounding communities, Hastings continues to be an appealing place to live for a wide range of residents. A compelling opportunity combining 6 +1 existing rental units, immediate income, separately metered utilities and future development potential-an excellent addition to a multi-residential investment portfolio. (id:47564)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X14105346 |
| Property Type | Multi-family |
| Community Name | Hastings |
| Parking Space Total | 10 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Forced Air |
| Size Interior | 3,923 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 161 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 100 X 161 Ft |
| Size Total Text | 100 X 161 Ft |
| Zoning Description | R2 As Per Geo |
https://www.realtor.ca/real-estate/30431383/24-water-street-trent-hills-hastings-hastings
Salesperson
(905) 440-5297
www.jasonabbottrealestate.ca/
www.facebook.com/jasonabbotthomes
342 King St. West Unit: 201
Oshawa, Ontario L1J 2J9
(905) 723-4800
(905) 239-4807
www.royalheritagerealty.com/
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October 22 2026 11:40:21
Central Lakes Association of REALTORS®
Royal Heritage Realty Ltd.