For Sale: 24 Water Street, Trent Hills, ON - REW
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$1,349,999
8 bd • 7 ba • 3500 - 5000 sf • House
24 Water Street
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$1,349,999
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24 Water StreetTrent Hills, ON, K0L 1Y0

Rural Trent Hills
  • 8 Bed
  • 7 Bath
  • 3500 - 5000 Sqft
  • House

About this home

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. 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.
Listed by: Jason Abbott, Salesperson, ROYAL HERITAGE REALTY LTD.

Home facts and features

Price details
List Price
$1,349,999
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Gross Taxes for 2026
$5,486
Home facts
Bedrooms
8
Full Bathrooms
7
Parking Spaces
10
Property Type
House
Lot Size
100 ft x 161 ft (16288 ft²)
Depth
161.53
Frontage
100.84
Exterior Finish
Vinyl Siding
Heating Type
Heat Pump, Electric
Cooling
Wall Unit(s)
Basement Details
Unfinished
Community
Agent details
Primary Agent
Jason Abbott
Primary Broker
ROYAL HERITAGE REALTY LTD.
Listing details
Days on REW
1 Day
MLS® Number
X14105344
Source
Toronto Real Estate Board
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Property Insights

Hastings Public School
  • Public
  • JK - 8
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Salesperson
Jason Abbott
Phone:
905-440-5297
Office:
905-831-2222
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