70 Dundas Street, Greater Napanee, ON
Property no longer active
This property was sold on August 1, 2025. This listing is for reference purposes only. to view the sold price.
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
- Efficient forced air heating via gas
Description
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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Property Summary
This multiplex located at 70 Dundas Street, Greater Napanee is currently for sale and has been available on SousaSells for 736 days. This property is listed at $785,000 with an estimated mortgage of $2,613* per month. It has 11 beds, 7 bathrooms, and is 3500-5000 square feet. 70 Dundas Street, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
Interior Features
Separate Heating Controls, Separate Hydro Meter
Security Features
Community Features
Location
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
Based on 0 recent similar sales in the pocket.
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 $785,000 in Greater Napanee, the legal minimum down payment is $53,500 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 $12,175 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 $12,175.
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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.