37-43 LEONARD AVENUE, Quinte West (Trenton Ward), Ontario K8V2R3

37-43 LEONARD AVENUE
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Excellent investment opportunity! Rarely offered purpose-built four-plex, each unit offering 3 bedrooms, 1 bath, in-suite laundry hookups, and its own dedicated outdoor storage shed. Situated on a large corner lot, the building is designed for low-maintenance ownership with no interior common areas to maintain. Each unit also features its own paved driveway with parking for up to 3 vehicles. Current gross annual rents are $58,860, and the property is already cash-flow positive, with substantial upside as units turn over. Tenants pay all utilities, except one unit where water is included. Unit 39 has been renovated and is leased for $2,000/month plus utilities, demonstrating the true rental potential available for the building. With minimal upgrades to the remaining units as they turn over, the property's total rent potential could reach approximately $96,000 annually. An especially rare offering- this property delivers substantial cash flow. Ideal for investors or owner-occupiers alike, where income from the three rented units can significantly offset housing costs, creating the possibility of living here with minimal to no monthly out-of-pocket expenses. A truly exceptional chance to secure a stable, cash-flowing multi-family asset with long-term growth potential.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesRefrigerator, Stove, Water Heater
BasementApartment in basement, Walk out, N/A, N/A
Bathrooms Total4
Bedrooms Total12
CoolingNone
HeatingRadiant heat, Not known, Natural gas

Building & Exterior

Building FeaturesSeparate Electricity Meters
Exterior FeaturesBrick
Foundation DetailsBlock
Parking FeaturesNo Garage

Land & Location

City RegionTrenton Ward
Community FeaturesCommunity Centre
Frontage Length105.9 feet
Lot FeaturesLevel lot, Flat site
Lot Size Dimensions105.8 x 102.6 FT

Listing & Financials

Listing OfficeRE/MAX JAZZ INC.
Originating System NameCentral Lakes Association of REALTORS®

Other Specifications

CountryCanada
Parking Total12

For Sale

$725,000

37-43 LEONARD AVENUE, Quinte West (Trenton Ward), Ontario K8V2R3

Beds

12

Baths

4

Living Area

-

Lot Size

-

Property Type

Fourplex

Year Built

-

Listing IDX12571210

Location & Map

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