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$939,500
Ontario,Quinte West (Trenton Ward)
For Sale Active
188 HENRY STREET, Quinte West (Trenton Ward), Ontario K8V5L3
  • 10
  • 6
  • 3000 - 3500Square Feet
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Basic Details
Description

Must be sold together with 28 McColl St, MLS #X13140164. Great Investment Opportunity in Trenton. Some VTB possible. 188 Henry St has four 2-bedroom units and two 1-bedroom unit. These two well-kept 6-unit apartment buildings are being sold together, sitting on abutting lots. The portfolio consists of a total of 12 residential units, comprised of ten spacious two-bedroom units and

two one-bedroom units. Combined living area totals approximately 11, 347 square feet of living space, which includes the lower-level apartments in each building (utility rooms excluded). The seller’s preference is to convey both properties together. Ideally located on a quiet street in a residential neighborhood and close to all city amenities. Separately metered units with many long-term tenants, most paying for their own electricity and water, while the owner pays for heat for the buildings via two efficient gas-fired hot water boilers, as well as hydro and water for common areas. All units are generously sized, with some units renovated. Numerous capital improvements have been completed in recent years, including electrical, windows, roofing and front doors. These properties present excellent upside potential, with several of the long-term tenants currently paying rents significantly below current market value. Turn-key investment opportunity. Coin laundry in the basements of both buildings. Paved parking lot large enough to accommodate all tenants, with some exterior sheds available for additional storage. Don’t miss this excellent investment opportunity with a positive cap rate and significant income growth potential. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13140160
  • Price: $939,500
  • Bedrooms: 10
  • Bathrooms: 6
  • Square Footage: 3000 - 3500 Sqft
  • Status: Active
  • Office Name: RE/MAX REALTRON REALTY INC.
  • Property Sub Type: Multi-family
  • Office Key: 50946
Features & Appliances
Features
  • Heating System: Natural gas
  • Cooling System: None
  • Basement: N/A, Apartment in basement
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Quinte West (Trenton Ward), K8V5L3
  • Street: Henry
  • Street Number: 188
  • Street Suffix: Street
  • Longitude: W78° 24' 40''
  • Latitude: N44° 5' 52.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 112.4 x 56.5 FT ; 56.46x112.92x64.53x60.18x11.16x42.27
  • Stories: 2.0
Financial
  • Tax Annual Amount: 6781
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Listing updated: 2026-07-26 16:18:59
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Listing Information
  • List Agent Key: 1409342
  • List Office Key: 50946
  • Modification Timestamp: 2026-06-10T23:55:07Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-10T23:47:10Z
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Listing updated: 2026-07-26 16:19:00
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