$497,000
For sale: Multiplex

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
Sold data
Homes in North Grenville took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 60, across 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $599,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 77 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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