3244 County 41 Road, Greater Napanee, ON
Description
Property Highlights
Welcome to this remarkable [] investment located in the coveted neighborhood of 58 - Greater Napanee. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $598,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 5 Bathrooms
- Premium 72.18 x 139.86 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- equipped with ["partial"] central cooling and highly efficient baseboard heating
Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request.
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Data-driven valuation for 3244 County 41 Road, Greater Napanee, ON K0K 2W0
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