231 Dundas Street, Greater Napanee, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of 58 - Greater Napanee. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $995,000 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 5 Bathrooms
- Generous living space spanning 5000 + sqft on a premium 132 x 165 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 14.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ATTENTION INVESTORS!! This is a true turnkey and profitable business opportunity. This property is one of the most stately homes in Napanee with amazing interior features. Perfectly located among century homes and situated in the west end of Napanee near many local amenities making this an ideal location. Once being a single family home this property was converted into a retirement residence and now is a well run rooming house. This property offers ELEVEN (11) separate rental suites, elevator lift within the building, ample parking space, double detached garage and paved drive. With two brand new furnaces recently installed as well as air conditioning. Roof replaced November 2022. This lot also has the potential for severance of a 40 foot building lot.
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Key Features
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Features
Property Features
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Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 231 Dundas Street W, Greater Napanee, ON K7R 2A9
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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 $995,000 in Greater Napanee, the legal minimum down payment is $74,500 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 $16,375 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 $16,375.
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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.