$12,450,000
For sale: Vacant Land

Click brochure link for more details. 147 Acres | Highway 401 Industrial Development Opportunity | Greater Napanee, Ontario. 147 acres (59.68 hectares) of M2 General Industrial land located along the Highway 401 corridor between Kingston and Belleville. One of Eastern Ontario's largest contiguous industrial land holdings. Situated within an established industrial corridor, the property is directly adjacent to Goodyear Canada's tire manufacturing complex, currently undergoing an expansion in excess of $575 million. The site is also located within approximately 15 kilometres of more than 3,400 MW of installed and approved electricity generation. Environmental due diligence has been completed in support of future industrial development. The holding supports substantial building footprints, phased development, multi building configurations and long term expansion within a single ownership. No development envelope has been fixed, so a purchaser can plan around their own requirements rather than inherit someone else's. The scale of the site is ideally suited for advanced manufacturing, logistics, distribution, warehousing, data centers, and other large-format employment uses. Significant building footprints, phased development, and long-term expansion can be accommodated within a single ownership.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 91 days.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.
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.
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