37-43 Leonard Avenue Quinte West (Trenton Ward), Ontario K8V 2R3
$725,000
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. (id:43681)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X12571202 |
| 房源类型 | Multi-family |
| 社区名字 | Trenton Ward |
| 附近的便利设施 | Highway, Recreation |
| 设备类型 | 热水器 |
| 总车位 | 12 |
| 租赁设备类型 | 热水器 |
详 情
| Age | 51 To 99 Years |
| 家电类 | Water Heater |
| 空调 | 没有 |
| 供暖方式 | 天然气 |
| 供暖类型 | Hot Water Radiator Heat |
| Size Exterior | 3678 Sqft |
| 内部尺寸 | 3678 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | Highway, Recreation |
| 污水道 | Sanitary Sewer |
| 土地深度 | 102 Ft ,7 In |
| 土地宽度 | 105 Ft ,9 In |
| 不规则大小 | Bldg=105.83 X 102.63 Ft |
| 规划描述 | R5 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Durham Region Association of REALTORS®
RE/MAX Jazz Inc.
May 30 2026 11:39:46
