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37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202

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37-43 Leonard Avenue
Trenton Ward Quinte West K8V 2R3

$725,000 /For Sale
Commercial

Main Photo: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Photo 1: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Photo 2: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Photo 3: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Photo 4: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Photo 5: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12571202
Bus Major:
Apts - 2 To 5 Units
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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
3678 sq. ft. Square Feet
Total Area:
3,678 sq. ft.
Lot Depth:
102'7½"
Lot Frontage:
105'10"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R5
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
None
Parking Spaces:
12
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$4,599 / 2025
Assessment:
$- / 2025
Hastings
Quinte West
Trenton Ward
Major Highway, Recreation/Community Centre
No
3 hot water tanks (Approx $140 a month)
Three fridges, three stoves, 1 hot water heater, laundry appliances in all units.
Appliances in unit #37 are owned by tenant.
None
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Franchise:
No
Date Listed:
Nov 24, 2025
Original Price:
Previous Price:
  • Photo 1: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
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  • Photo 2: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
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  • Photo 5: 37-43 Leonard Avenue in Quinte West: Trenton Ward Commercial for sale : MLS®# X12571202
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Listed by RE/MAX JAZZ INC.
Data was last updated November 25, 2025 at 04:15 PM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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