24 Water St is an 8-bedroom, 7-bathroom multiplex in Hastings, Trent Hills, listed for $1,349,999. It has 3500-5000 sq ft of living space.
1Five of the six + one units have been renovated, adding to the overall appeal of this established income-producing property.
2The community offers local shops, restaurants, parks, trails and essential services, while nearby Campbellford provides additional shopping, healthcare, dining and recreational amenities.
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.
8 bedrooms, 7 bathrooms, about 3,500 sq ft, works out to roughly $386 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 24 Water St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
10 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
24 Water St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14105344$1,349,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 24 Water St Compares to the Trent Hills Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,632
/mo
based on the purchase price of $1,349,999
$270,000 cash
$1,079,999 financed
$909,643 total interest
Principal54%$1,079,999
Interest46%$909,643
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 24 Water St
Market pulse · Trent Hills
Median sold price$545,000Last 90 days
Average days on market56Homes sold in about 56 days on average.
Sale-to-list ratio95.7%On average, homes sold below asking.
Active listings265Homes for sale here right now.
Median vs prior 90 days+11.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 101 sales from Jul 24 – Oct 22, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 24 Water St
How much is 24 Water St listed for?
24 Water St is listed at $1,349,999 (MLS® X14105344). Summitly updates the price as soon as the MLS® record changes.
Is $1,349,999 a good price for 24 Water St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Trent Hills. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 24 Water St changed?
No — 24 Water St is still listed at its original asking price of $1,349,999.
How many bedrooms and bathrooms does 24 Water St have?
24 Water St has 8 bedrooms and 7 bathrooms, with about 3,500–5,000 square feet of living space. It is a multiplex in Hastings, Trent Hills.
How much would the monthly mortgage be on 24 Water St?
About $6,632 a month — principal and interest on $1,349,999 with 20% down ($270,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 24 Water St compare with other homes in Trent Hills?
Its asking price of $1,349,999 is about 148% above the median sold price in Trent Hills over the last 90 days, $545,000, across 101 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 24 Water St been sold before?
Summitly has no earlier MLS® sale or lease of 24 Water St on record from the last two years. Older records aren't shown under TRREB rules.
What neighbourhood is 24 Water St in?
24 Water St is in Hastings, Trent Hills. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 24 Water St been on the market?
24 Water St was listed today (October 22, 2026).
What is the price per square foot of 24 Water St?
About $270 to $386 per square foot: the asking price of $1,349,999 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 24 Water St have parking or a garage?
Yes — the listing gives 10 parking spaces.
Does 24 Water St have a basement, and is it finished?
The listing describes the basement as: Unfinished.
