Salehian.com 647-325-5000

28 McColl Street

Trenton Ward, Quinte West, K8V 5L3

$1,969,000

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Listed 5 days ago · MLS® X14082478

About this home

Great Investment Opportunity in Trenton. TWO WELL-MAINTAINED 6-PLEXES OFFERED TOGETHER on Trenton's West Side. Some VTB possible. Two 6-plex buildings consisting of 28 McColl Street (Roll #120403005013300, PIN 403780012, Property tax $7542, Lot 57.14x113.92x93.73x28.37x42.27 feet) and 188 Henry Street (Roll #120403005013600, PIN 403780011, Property tax $6781, Lot 56.46x112.92x64.53x60.18x11.16x42.27 Feet). 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 five units that have been renovated. Numerous capital improvements have been completed in recent years, including windows and roofing. 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.

Details

Type
Investment
Lot
59.14 × 113.92 ft
Garage
None
Property tax
$14,322 (2025)
Neighbourhood
Trenton Ward
Municipality
Quinte West

Heating, cooling and services

Heating
Gas Hot Water
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
11,347 Square Feet

More

Possession
60/TBA
Cross street
Dundas/McColl
Business type
Apts - 6 To 12 Units

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 6 cafés and restaurants, 9 parks, 4 pharmacies. Nearest grocery: Metro (950 m). Nearest park: Champlain Heights Park (250 m).

Schools nearby

Elementary

  • Prince Charles Elementary School
    EQAO: Gr 6 reading 78%, math 42%    13 min walk
  • St. Peter Catholic School Catholic16 min walk
  • North Trenton Public School1.5 km
  • Trent River Public School
    EQAO: Gr 6 reading 73%, math 35%    1.7 km

Secondary

  • Trenton High School3 min walk
  • St. Paul Catholic Secondary School Catholic
    EQAO: Gr 9 math 42%, literacy test 86%    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K8V

Owners / renters
67% / 33%
Median household income
$76,500
Average age
43
Children under 15
16%
Homes
67% detached, 4% high-rise
Commute by transit
1%
Population
28,936

Languages spoken most at home besides English: Korean 0.2%, Spanish 0.2%, Mandarin 0.1%, Yue (Cantonese) 0.1%.

Safety

Crime Severity Index for Quinte West (OPP): 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REALTRON REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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