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
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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.