Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 16 BR |
| Bathrooms: | 8 |
Financials
Price:C2,899,000
($2,050,600)
(€1,799,500)
Annual Taxes:C20,000
Attention Investors amp ; Developers !
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!
Amenities
- Separate Heating Controls
- Ventilation System
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.