5 Queen Street North Grenville, Ontario K0G 1J0

16 Bedroom 8 Bathroom 2,000 - 2,500 sqft
Ventilation System Forced Air, Heat Pump

$2,899,000

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:49269)

Property Details

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

https://www.realtor.ca/real-estate/30332610/5-queen-street-north-grenville-801-kemptville

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