3244 COUNTY 41 ROAD, Greater Napanee (Greater Napanee)
$598,000
For sale: Multiplex
- Property type
- Investment
- Bedrooms / bathrooms
- 5 bathrooms
- MLS®
- MLS® X14122812
- Neighbourhood
- 58 - Greater Napanee
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.
Sold data
Homes in Greater Napanee (Greater Napanee) — recent sold market
Homes in Greater Napanee (Greater Napanee) took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 67, across 57 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 91 days.
The median sale price was $489,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
- Median days to sell
- 42
- Median sale price
- $489,900
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 11%
Based on 57 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 3244 COUNTY 41 ROAD
$639,900
Detached231,500–2,000 sqft39 ABBEY DAWN DRIVE, 57 - Bath, Loyalist
$699,900
Detached342,000–2,500 sqft117 JESSUP LANE, 57 - Bath, Loyalist
$639,900
Detached331,500–2,000 sqft48 DUSENBURY DRIVE, 64 - Lennox and Addington - South, Loyalist
$529,000
Detached5+252,000–2,500 sqft679 PALACE ROAD, 58 - Greater Napanee, Greater Napanee
$629,900
Townhouse331,500–2,000 sqft1283 DELANCEY DRIVE, 35 - East Gardiners Rd, Kingston
$640,619
Detached331,500–2,000 sqft216 SUPERIOR DRIVE, 54 - Amherstview, Loyalist
$499,999
Townhouse231,100–1,500 sqft712 MILLWOOD DRIVE, 28 - City SouthWest, Kingston
$559,000
Townhouse331,500–2,000 sqft1634 TENLEY DRIVE, 42 - City Northwest, Kingston