5 QUEEN STREET, North Grenville

$2,899,000

For sale: Multiplex

Multiplex at 5 QUEEN STREET, North Grenville
Property type
Multiplex
Bedrooms / bathrooms
16 bedrooms, 8 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13832506
Neighbourhood
801 - Kemptville

Attention Investors & Developers! Outstanding investment opportunity in the heart of Kemptville. This newly available 8-unit multiplex offers immediate value, significant upside, and turnkey potential in a high-demand, rapidly growing community. The building will be fully leased prior to closing, providing the new owner with immediate cash flow from day one. Featuring strong rental rates and quality tenants, this is a rare opportunity to acquire a stabilized multi-family asset without the uncertainty and expense of lease-up. at 5 Queen St, residents enjoy walking distance to downtown shops, local dining, parks, schools, and essential amenities, with quick access to Highway 416 for an easy commute into Ottawa. This well-designed multi-family property offers low-maintenance living and attractive units that appeal to quality long-term tenants. Strong rental demand in North Grenville makes this a solid, resilient asset for any portfolio. Ideal for seasoned investors looking to expand their portfolio, value-add buyers seeking a premium income property, or those looking for a turnkey multi-family investment in one of Eastern Ontario's fastest-growing markets. Financial details, unit breakdown, and floor plans are available upon request. Don't miss this opportunity to own a fully leased, cash-flowing asset in a prime location. Schedule your private viewing today!

Sold data

Homes in Kemptville — recent sold market

Homes in Kemptville took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 63, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.

The median sale price was $577,000.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$577,000
Sale-to-list ratio
98.3%
Sold above asking
6%

Based on 34 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 5 QUEEN STREET