16 Bedroom
8 Bathroom
2000 - 2500 sqft
Ventilation System
Forced Air, Heat Pump
$2,899,000
Attention Investors & Developers! Outstanding investment opportunity in the heart of Kemptville. This newly available 8-unit multiplex offers immediate value, significant upside, and turnkey potential in a high-demand, rapidly growing community.The building is projected to be 50% occupied by October 1st, providing immediate cash flow on day one with substantial upside as you lease the remaining units at market rates. Situated at 5 Queen St, residents enjoy walking distance to downtown shops, local dining, parks, schools, and essential amenities, with quick access to Highway 416 for an easy commute into Ottawa.This well-designed multi-family layout offers low-maintenance living and attractive units that appeal to quality long-term tenants. Strong rental demand in North Grenville makes this a solid, resilient asset for any portfolio.Ideal for seasoned investors looking to expand their portfolio, value-add buyers, or those seeking a premium multi-family asset in a top Eastern Ontario market. Financial details, unit breakdown, and floor plans are available upon request. Don't miss out on this prime income producer-schedule your private viewing today! (id:45725)
Property Details
|
MLS® Number
|
X13832506 |
|
Property Type
|
Multi-family |
|
Community Name
|
801 - Kemptville |
|
Parking Space Total
|
10 |
Building
|
Bathroom Total
|
8 |
|
Bedrooms Above Ground
|
16 |
|
Bedrooms Total
|
16 |
|
Amenities
|
Separate Heating Controls |
|
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Type
|
N/a (finished) |
|
Cooling Type
|
Ventilation System |
|
Exterior Finish
|
Vinyl Siding, Brick Veneer |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric, Natural Gas |
|
Heating Type
|
Forced Air, Heat Pump |
|
Stories Total
|
3 |
|
Size Interior
|
2000 - 2500 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
125 Ft ,9 In |
|
Size Frontage
|
65 Ft ,8 In |
|
Size Irregular
|
65.7 X 125.8 Ft |
|
Size Total Text
|
65.7 X 125.8 Ft |
|
Zoning Description
|
R4-17 |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/30332610/5-queen-street-north-grenville-801-kemptville