37-43 Leonard Avenue

ActiveQuinte West · Trenton Ward7 days on marketMLS® X13620502
$690,000
$188 / sq ft
Bedrooms0
Bathrooms0
Interior3,678 sq ft
TypeCommercial
ListingFor Sale
Days on Market7

About this property

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. As 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 expense. A truly exceptional chance to secure a stable, cash-flowing multi-family asset with long-term growth potential.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13620502
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size3,678 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodTrenton Ward
CityQuinte West
Postal CodeK8V 2R3
ProvinceON
Listed DateJuly 30, 2026
Days on Market7
Price per Sq Ft$188
BrokerageRE/MAX Jazz INC.

Location

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Listed by RE/MAX Jazz INC.