22 WATER STREET
Central Lakes · K8V4L9
$499,000
About this residence
This well-maintained duplex offers a strong investment opportunity with reliable rental income. Just minutes from CFB Trenton and Highway 401, the property includes two self-contained units with in-suite laundry, two parking spaces per unit, and a shared backyard with separate areas for each tenant. The upper unit features 3 bedrooms and 1 bathroom with an open-concept layout, currently rented for $2,200/month plus 60% of utilities on a one-year lease. The lower unit almost mirrors the floor plan but offers 2 bedrooms and 1 bathroom, with a larger living room and private side patio, currently rented month-to-month for $1,537.50 all-inclusive. The property is equipped with a shared heating system and hot water tank rental, keeping maintenance straightforward and utilities conveniently managed Fridge and stove in upper unit (Unit B), washer and dryer x2 (Unit A and Unit B)together. With reliable tenants in place and strong rental demand, this duplex is a ready-made addition to any portfolio or an excellent option for an owner-occupant looking to offset expenses. Photos taken prior to tenancy; both units are currently occupied. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 5 (3 above, 2 below)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 700–1,100 sq ft
- Lot size
- 45.8 x 125.3 FT
- Frontage
- 45.9 feet
- Parking
- 4 spaces
- Annual tax
- $3,264
- MLS®
- X12646518
- Board
- Central Lakes
- Status
- Inactive
- Listed
- Dec 22, 2025
- Updated
- Dec 22, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 4.16 × 2.12 m |
| Dining room | Main level | 2.83 × 1.9 m |
| Living room | Main level | 2.8 × 3.31 m |
| Bedroom | Main level | 2.72 × 2.21 m |
| Bedroom 2 | Main level | 2.54 × 3.39 m |
| Bedroom 3 | Main level | 3.77 × 3.42 m |
| Bathroom | Main level | 1.44 × 2.38 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Forced air
- Natural gas
Basement
- Separate entrance
Exterior
- Brick
- Vinyl siding
Foundation
- Block
Parking
- No Garage
Lot
- Sump Pump
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Architecture
- Raised bungalow
Financing
Estimated monthly payment
$2,334/mo
Loan amount
$399,200
Down payment
$99,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K8V- 28,936
- Population
- 44
- Median age
- $76,500
- Median income
- $400,000
- Median home value
- 67%
- Home ownership
- 20 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 22 WATER STREET?
22 WATER STREET is listed for $499,000, in Central Lakes.
How many bedrooms and bathrooms does 22 WATER STREET have?
It offers 5 bedrooms and 2 bathrooms.
What type of home is 22 WATER STREET?
22 WATER STREET is a Multi-family, Duplex set over 1 storey.
How large is 22 WATER STREET?
The home offers approximately 700–1,100 sq ft of living space on a lot measuring 45.8 x 125.3 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,334. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,264 per year.
Is there parking?
Yes — 22 WATER STREET includes 4 parking spaces.
What is the Central Lakes area like?
Central Lakes has a population of about 28,936, a median age of 44, a 67% home-ownership rate, with an average commute of about 20 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $76,500.
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