24 Water ST, Trent Hills, ON K0L 1Y0
24 Water ST, Trent Hills, ON K0L 1Y0
24 Water ST, Trent Hills, ON K0L 1Y0
24 Water ST, Trent Hills, ON K0L 1Y0
24 Water ST, Trent Hills, ON K0L 1Y0
24 Water ST, Trent Hills, ON K0L 1Y0
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EXp Realty Canada

EXp Realty Canada

+1(602) 755-2389
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Est. payment | /mo

8 Beds

7 Baths

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-
Est. payment | /mo
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8 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Hastings

Style 2-Storey

Bedrooms 8

Annual Tax Amount $5,486

Tax Year 2026

Property Sub-Type Multiplex

MLS® Listing ID X14105344

Property Description

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 six + one 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. 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.

Location

Province ON

County Northumberland

Area Northumberland

Body of Water Trent Severn River

Rooms

Family Room No

Basement Unfinished

Kitchen 7

Interior

Interior Features Separate Hydro Meter, Separate Heating Controls

Cooling Wall Unit(s)

Exterior

Pool None

Roof Type Metal,Fibreglass Shingle

Lot Frontage 100.84

Lot Depth 161.53

Total Parking Spaces 10

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by Royal Heritage Realty Ltd.

Nearby Locations

EXp Realty Canada

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24 Water ST

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