70 Dundas Street, Greater Napanee, ON

$785,000
MLS#:X9039453
11 beds
7 baths
3500-5000 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of 58 - Greater Napanee. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $785,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 11 Bedrooms and 7 Bathrooms with 7 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 81 x 84.3 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $82,596 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location.

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Key Features

Bedrooms
11
Bathrooms
7
Kitchens
7
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 18, 2025
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick, Vinyl Siding
Lot Size81 × 84.3 Feet
CountyLennox & Addington
Annual Tax$8,929
Legal DescriptionPT LT 21 S/S DUNDAS ST, 22 S/S DUNDAS ST PL 82 AS*

Parking & Garage

Parking Spaces7.0
Garage Spaces7
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Golf, Hospital, Library, Park, Public Transit, Rec./Commun.Centre

Community Features

Location

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70 Dundas Street, Greater Napanee, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 70 Dundas Street W, Greater Napanee, ON K7R 1Z8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$628,000
Monthly Mortgage$3,649
Property Tax (Est.)$744
Utilities & Maint.$350
Total Monthly Cost$4,743

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Greater Napanee.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 58 Greater Napanee, Greater Napanee.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.