24 Water Street, Trent Hills, ON K0L 1Y0
Hastings, Trent Hills · Near Bridge St S to Water St · View map
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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Bathrooms
- 7
- Kitchens
- 7
- Rooms
- 20
- Basement
- Unfinished
- Lot size
- 100.8 x 161.5 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Heat Pump
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $5,486/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Bridge St S to Water St
- Neighbourhood
- Hastings
More
- Price per sq ft
- ~$318 (at 4,250 sq ft)
- MLS® number
- X14105344
No matching details. Ask Will instead
The home and its surroundings
- Separate Hydro Meter
- Separate Heating Controls
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
24 Water Street, Trent Hills, ON K0L 1Y0
Hastings, Trent Hills · Near Bridge St S to Water St
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 24 Water Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 24 Water Street
Answers come straight from this home’s MLS® listing.
How much is 24 Water Street listed for, and what would it cost each month?
24 Water Street is listed for $1,349,999. With 20% down ($270,000), the mortgage payment would be roughly $5,446 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,903 a month, all in. That figure is an illustration, not a quote.
Is 24 Water Street freehold or a condo, and is there a monthly fee?
24 Water Street is a multiplex in Hastings, Trent Hills. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 24 Water Street have?
24 Water Street has 8 bedrooms and 7 bathrooms. The listing gives the style as 2-storey.
Does 24 Water Street have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
Does 24 Water Street have a finished basement?
The listing describes the basement as unfinished.
What style of home is 24 Water Street?
24 Water Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 24 Water Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 100.8 x 161.5 ft.
How is 24 Water Street heated and cooled?
Heating is heat pump (electric). Cooling is wall unit(s).
What are the property taxes for 24 Water Street?
Property taxes are $5,486 a year (2026), or about $457 a month.
Where is 24 Water Street?
24 Water Street is in the Hastings community of Trent Hills. The nearest main intersection is Bridge St S to Water St. The postal code is K0L 1Y0.
Is 24 Water Street still for sale?
Yes. It is an active listing (MLS® X14105344). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 24 Water Street asking?
Similar properties for sale nearby right now include 24 Water Street at $1,349,999, 130 Front Street W at $1,499,000 (6 bed) and 42 Pond Street at $1,249,900 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 24 Water Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 24 Water Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Hastings, picked by style, size and price.
Investment$1,349,99924 Water Street, Trent HillsHastingsCourtesy of: Royal Heritage Realty Ltd.View home →
Detached home$1,499,000130 Front Street W, Trent Hills6 bed · 4 bath · HastingsCourtesy of: Ball Real Estate Inc.View home →
Freehold townhouse$1,249,90042 Pond Street, Trent Hills5 bed · 6 bath · HastingsCourtesy of: Royal LePage Frank Real EstateView home →Courtesy of: Royal Heritage Realty Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.