166 Pleasant Drive, Greater Napanee, ON

$2,000,000
MLS#:X12204612
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of 58 - Greater Napanee. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,000,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Set on over 15 acres, this expansive commercial property is a rare find for organizations looking for space, privacy, and functionality. Approximately 25,000 square feet of interior space, this long-term care facility is well-suited for a range of uses such as senior living, private schooling, language education, community centre and other potential uses. Its size and existing infrastructure make it ready for large-scale operations, with room to grow. This layout supports comfort, privacy, and efficiency whether you're housing residents, students, or program participants. A large commercial kitchen is already in place, equipped with generous prep space, storage areas, and refrigeration. The property also includes a commercial laundry facility. The property is serviced with a newer institutional-grade septic system. Parking is ample with approximately 40 spaces already designated and room to expand. The property is conveniently located along Highway 41 and minutes to Highway 401.

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Property Summary

This investment located at 166 Pleasant Drive, Greater Napanee is currently for sale and has been available on SousaSells for 402 days. This property is listed at $2,000,000 with an estimated mortgage of $6,657* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 166 Pleasant Drive, Greater Napanee is in the 58 - Greater Napanee neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date6/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
CountyLennox & Addington
Annual Tax$59,873

Parking & Garage

Garage Spaces40
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Major Highway

Location

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166 Pleasant Drive, 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 166 Pleasant Drive, Greater Napanee, ON K0K 2Z0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Greater Napanee.

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Interest Rate4.00%
Down Payment$600,000 (30.0%)
* Minimum Canadian down payment required for this price is $400,000.
Amortization Period30 Years
Estimated Monthly Payment$6,657Based on a loan of $1,400,000 over 30 years.
Purchase Price$2,000,000
Loan Amount$1,400,000
Provincial Land Transfer Tax:$36,475
Total Estimated Closing Taxes:$36,475

About Purchasing a Home in Greater Napanee, ON

For a property listed at $2,000,000 in Greater Napanee, the legal minimum down payment is $400,000 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 $36,475 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 $36,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$633,383

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.