491 Camden Road, Greater Napanee, ON
Property Highlights
Welcome to this remarkable land 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 $1,995,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 450 x 1100 ft lot size
Description
A 15.5 acre +/- parcel located at 491 Camden Road in Greater Napanee. The property is zoned for residential uses and was previously approved as part of a subdivision, creating an opportunity to advance a new development concept. The zoning permits a range of housing forms, including single-detached dwellings, duplexes, triplexes, and fourplexes. The site provide two access points - Camden Road and Newburgh Road via Crouse Street - and features generally level topography with a mix of cleared and lightly treed areas, offering flexibility for various residential layouts. Municipal services are available on adjacent streets, and any new development plan will require municipal review and approvals. Well positioned with convenient access to downtown Napanee and Highway 401, the property is also adjacent to a proposed recreational trail system. Overall, this is a well-located parcel with strong development potential in a growing community.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 491 Camden Road, Greater Napanee, ON K7R 1G2
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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 $1,995,000 in Greater Napanee, the legal minimum down payment is $399,000 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 $36,375 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 $36,375.
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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.