37-43 LEONARD AVENUE, Quinte West (trenton Ward), ON K8V2R3
37-43 LEONARD AVENUE, Quinte West (trenton Ward), ON K8V2R3
37-43 LEONARD AVENUE, Quinte West (trenton Ward), ON K8V2R3
37-43 LEONARD AVENUE, Quinte West (trenton Ward), ON K8V2R3
37-43 LEONARD AVENUE, Quinte West (trenton Ward), ON K8V2R3
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Tia Williams

Tia Williams

+1(403) 383-6809
$ 690,000
Est. payment | /mo

12 Beds

4 Baths

1,500 SqFt

Save
$ 690,000
Est. payment | /mo
Save

12 Beds

4 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $460

Subdivision Trenton Ward

MLS® Listing ID X13620482

Bedrooms 12

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 2.97 m X 4.85 m Living room

Extra Room 2 Main level 2.48 m X 3.48 m Dining room

Extra Room 3 Main level 2.03 m X 3.35 m Kitchen

Extra Room 4 Main level 2.05 m X 1.52 m Utility room

Extra Room 5 Main level 2.08 m X 1.47 m Bathroom

Extra Room 6 Main level 3.35 m X 2.95 m Primary Bedroom

Interior

Heating Radiant heat,

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 12

Garage No

Private Pool No

Building

Sewer Sanitary sewer

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Listed by RE/MAX Jazz INC.

Nearby Locations

Tia Williams

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 383-6809

tiawilliamsrealty@gmail.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

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37-43 LEONARD AVENUE