Address
5 Queen Street, North Grenville, ON
Price
$ 2,899,000
Property Attributes
  • ID#X13832506
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityNorth Grenville
  • CountyRideau - St. Lawrence Real Estate Board
  • CityNorth Grenville
  • Area801 - Kemptville
  • Neighborhood801 - Kemptville
  • ZipK0G 1J0
  • Style
  • Price$ 2,899,000
  • Bedrooms16
  • Bathrooms8
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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 will be fully leased prior to closing, providing the new owner with immediate cash flow from day one. Featuring strong rental rates and quality tenants, this is a rare opportunity to acquire a stabilized multi-family asset without the uncertainty and expense of lease-up. 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 property 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 seeking a premium income property, or those looking for a turnkey multi-family investment in one of Eastern Ontario's fastest-growing markets. Financial details, unit breakdown, and floor plans are available upon request. Don't miss this opportunity to own a fully leased, cash-flowing asset in a prime location. Schedule your private viewing today! (id:7434)

General Features

Property Type Multi-family
Zoning Description R4-17
CommunityName 801 - Kemptville
Building Amenities Separate Heating Controls
Building Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Building Cooling Type Ventilation system
Location Description Cross Streets: Queen St and Rideau St. ** Directions: Take Exit 34 for County Road 43 toward Kemptville. Turn left on County Rd 43, right on Prescott St, and right on Queen St to reach #5.
Parking Space Total 10
Foundation Type Concrete
Building Type Other
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Forced air, Heat Pump
Building Heating Fuel Electric, Natural gas
Basement Development Finished
Basement Type N/A (Finished)
Living Area Range 2000
Bedrooms 16

Exterior Features

Sewer Sanitary sewer
Exterior Finish Vinyl siding, Brick Veneer

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0G 1J0

Price
AVG $1.42M
$2.9M

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