$497,000

Investment For Sale In North Grenville, Ontario

$497,000

Property Information:

Opportunity doesn't always show up looking perfect... sometimes it shows up positioned. This side-by-side duplex in the heart of Kemptville is one of those properties that quietly opens multiple paths forward-whether you're looking to live in one unit and have support from the other, or step into a smart income-producing asset from day one. Set on a generous lot and zoned R3 (Residential Third Density), this property offers more than just today's income-it gives you future options. Think duplex today... with the potential for expanded use or redevelopment down the road (buyer to verify).The 3-bedroom unit has seen extensive updates in recent years, including kitchen, bathroom, flooring, windows, and more-creating a comfortable, move-in-ready space. The second unit offers flexibility with a 1-bedroom layout that could be reimagined into 2 bedrooms. Separate meters, two furnaces, and independent driveways create a clean setup for tenants, while the location keeps everything within reach-shops, restaurants, parks, and the Rideau River just a short walk away. Quick access to Hwy 416 means you're only about 25 minutes to Ottawa. Current rents provide solid income with room to grow, and the large lot-with potential to sever (buyer to verify)-adds another layer of long-term upside. If you've been waiting for a property that gives you both income and options... this is one worth looking at closely. 1 Bedroom rented at $890. 3 Bedroom rented at $1800.00 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Type: Crawl space
  • Exterior Finish: Aluminum siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Amenities Nearby: Golf Nearby, Park
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 90 Feet
  • Lot Frontage: 83.5 Feet
  • Lot Size: 83.5 x 90 FT
  • Zoning: C1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Primary Bedroom 2nd Level 4.26 m x 3.35 m
  • Bedroom 2nd Level 3.12 m x 2.43 m
  • Bedroom 2nd Level 3.65 m x 2.74 m
  • Office 2nd Level 1.60 m x 1.60 m
  • Primary Bedroom 2nd Level 4.57 m x 3.65 m
  • Living Main Level 5.02 m x 3.20 m
  • Kitchen Main Level 4.26 m x 3.65 m
  • Laundry Main Level 4.26 m x 3.35 m
  • Living Main Level 6.09 m x 3.65 m
  • Kitchen Main Level 3.04 m x 1.52 m

Courtesy of: SOLID ROCK REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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