157-159 Centre Street, Greater Napanee, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 58 - Greater Napanee. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $399,000 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 29.2 x 165 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient other heating via gas
Description
Duplex for Sale Downtown Napanee! Looking for a great investment or a place to live while earning rental income? This duplex is in a fantastic location, within walking distance to Napanee District Secondary, two public schools, waterfront trail and the downtown core! The property features a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit, each with its own storage shed. There's also a shared coin laundry building and a private backyard that tenants can enjoy for outdoor and seasonal living. The 1-bedroom unit has cozy in-floor heat, and the 2-bedroom unit is heated by radiators - both are fired by hot water gas. A solid investment with long-term potential - easy to rent and close to everything Napanee has to offer!
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Features
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Interior Features
Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 157-159 Centre Street N, Greater Napanee, ON K7R 1N6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Greater Napanee, ON
For a property listed at $399,000 in Greater Napanee, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. As this listing is in Greater Napanee (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,460.
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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.