28 McColl Street
Quinte West, ON
12 bath • 11,347 sqft • Investment • 219 days on market
Great Investment Opportunity in Trenton. Two Well-Maintained 6-Plexes Offered Together on Trenton's West Side. 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 comprises 12 residential units, including 9 spacious two-bedroom units and 3 one-bedroom units. One of the lower units on 28 McColl St is 1+1 (no window in the second bedroom). Combined living area totals approximately 11,347 (MPAC) 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.
Listing Details
- Taxes (2025)
- $14,323
- Originally Listed
- $2,248,000
- Listed
- January 20, 2026
Price History
Listing history
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Property
- Lot Size
- 59.14 x 113.92 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Dundas/McColl
- Zoning
- R6
- Parcel Number
- 403780012
- Possession
- 60-89 days
Commercial
- Business Type
- Apts - 6 To 12 Units
- Occupancy
- Tenant
Included
- Inclusions
- 12 Fridges, 12 stoves, 2 Coin Washers, 2 Coin Dryers, All Heating Equipment, 14 Hot Water Tanks
- Exclusions
- Tenant Belongings
Community
Postal area K8V
- Population
- 28,936
- Private dwellings
- 12,523
- Median age
- 43.6
- Average household size
- 2.4
- Median household income
- $76,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Quinte West · last 12 months
- Median sold price
- $510,000
- Homes sold
- 658
- Median days on market
- 29
- Sale-to-list price
- 97.6%
Based on 658 recorded sales of commercial properties in Quinte West over the last 12 months.
Listed by
RE/MAX REALTRON REALTY INC.
Location
Commercial figures
- Building area
- 11,347 sq ft
- Price per sq ft
- $189.39
- Annual property tax
- $14,323
- Tax per sq ft
- $1.26
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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