Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

187-189 Byron Street, Quinte West, ON K8V 2Y7

6 beds · 4 baths · 4 kitchens · 19 rooms · 4 parking spaces · 2500-3000 sq ft · Fourplex
$599,999
Property tax
$4,887 / year

Excellent investment opportunity in the east end of Trenton. The location offers easy access to all amenities and close to the 401. This four-plex features separate entrances for each unit. The 2 main level units are 1 bedroom units and the 2 upper units are 2 bedroom units. All units are separately metered with 1 unit being all inclusive. There are 4 parking spaces at the rear of the property. The 4 hot water tanks are owned and the 4 gas wall heaters are owned.

MLS number
X12960804
Type
Fourplex
Status
Active
Bedrooms
6
Bathrooms
4
Postal code
K8V 2Y7
Photos
18
162days · this listing
162days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Mary Catholic School
Algonquin and Lakeshore CDSB
Elementary639 m6.4 / 10
64% met the standard
Trent River Public School
Hastings & Prince Edward DSB
Elementary694 m5.3 / 10
53% met the standard
V P Carswell Public School
Hastings & Prince Edward DSB
Elementary953 m6.5 / 10
65% met the standard
École élémentaire publique Marc-Garneau
CÉP de l'Est de l'Ontario
Elementary1.1 kmNot reported
École secondaire catholique L'Envol
CSDC du Centre-Est de l'Ontario
Secondary1.2 kmNot reported
École élémentaire publique Cité Jeunesse
CÉP de l'Est de l'Ontario
Elementary1.2 km8.1 / 10
81% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 492 people.

$82,000Median household income
82.5%Own their home
94.9%Detached houses
40.4Median age
4.9%Born outside Canada
8.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120350 — the few blocks around this address, home to 492 people. It describes the area, not this property.

492Population
41.3Average age
2.6Household size
$83,000Average household income
$82,000Median household income
83%Own their home
18%Rent
0%Condominiums
5%Born outside Canada
8%University degree
$336,000Average home value
6%Low income
48%Not in the labour force
24%Never married
$30,000 to $34,9992%
$35,000 to $39,9992%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9998%
$80,000 to $89,9998%
$90,000 to $99,9998%
$100,000 and over25%
$100,000 to $124,99915%
$125,000 to $149,9996%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 240 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$120,000 · minimum here is $35,000
$2,656.66per month
Borrowed before insurance$479,999
Total borrowed$479,999
Interest over 25 years at 4.5%$317,000

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,063.91per month out of pocket
Rent$1,000.00
Everything it costs to hold$3,063.91
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Royal Lepage Proalliance Realty. Listing data provided by the Toronto Regional Real Estate Board.