For Sale Multi-Family

5 Queen Street

$2,899,000 Est. $12,836/mo ↓

North Grenville, Ontario K0G 1J0

16 Bedrooms
8 Bathrooms
2,000 - 2,500 sqft Interior
10 Parking spaces
65.7 X 125.8 Ft Lot size
1 day ago Listed
Ventilation System Forced Air, Heat Pump Finished basement

About this home

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:28469)

Facts & features

Property

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
2,000 - 2,500 Sqft
Type
Other
Utility Water
Municipal Water

Parking

No Garage
—

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

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$12,836/mo
Ontario land transfer tax
$58,950 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Kemptville market

66 Active listings
$637,500 Median asking price
355% above median This home
29 days Avg. time on market
Browse all Kemptville listings →

Location

5 Queen Street, North Grenville, Ontario K0G 1J0  ·  Get directions

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