See all 19 photos
$2,899,000
Est. payment /mo
16 Beds
8 Baths
New
5 Queen ST North Grenville, ON K0G 1J0
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 801 - Kemptville
MLS Listing ID X13832506
Style 3-Storey
Bedrooms 16
Annual Tax Amount $20,000
Tax Year 2025
Property Sub-Type Multiplex
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 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!
Location
Province ON
County Leeds And Grenville
Area Leeds And Grenville
Rooms
Family Room No
Basement Finished
Kitchen 8
Interior
Interior Features Ventilation System, Separate Heating Controls
Cooling Other
Fireplace No
Heat Source Electric
Exterior
Parking Features Available
Pool None
Roof Type Flat
Lot Frontage 65.65
Lot Depth 125.83
Total Parking Spaces 10
Building
Foundation Concrete
Others
ParcelsYN Yes
Listed by HOMELIFE/DLK REAL ESTATE LTD
Nearby Locations
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