Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of 58 - Greater Napanee. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $829,900 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.
5 THINGS YOU'LL LOVE ABOUT THIS HOME - 1) THE INCOME POTENTIAL - With 3 separate living spaces, including a fully legal basement apartment, you can live in one unit and rent out the other two, making this custom luxury home surprisingly attainable for even a first-time buyer. 2) THE LOCATION: Close enough to the 401 for an easy commute, set back far enough that you'll never hear it. On city services, with a true country feel just 2 minutes from downtown Napanee. 3) THE LOT: 2 acres backing onto a ravine, with deer and wildlife right in your backyard. One of the largest residential lots in town, with more backyard than frontage and mature trees shading the home throughout. 4) THE CUSTOM BUILD: Built in 2021, this home features an ICF foundation, steel roof, engineered hardwood floors, tall ceilings, and a sleek modern aesthetic throughout. Radiant in-floor heating in the office, tankless hot water, HRV, fibre internet, and a GenerLink power hookup round out the high-end finishes. 5) THE LAYOUT: A main floor primary bedroom with a 3-piece ensuite, walk-in closet, and private walkout office. The kitchen and living space soar with 2-storey ceilings, and a wraparound deck connects your ground floor bedroom to the front entrance. A 26x38' garage features a separate 1 bed, 1 bath loft above, complete with its own kitchen, laundry, and parking.
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Greenbelt/Conservation, Wooded/Treed, School, Public Transit, Ravine
Air Exchanger, Accessory Apartment, Carpet Free, ERV/HRV, Guest Accommodations, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Propane Tank, Separate Heating Controls, Upgraded Insulation, Workbench, Water Treatment, Water Softener, Water Purifier
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 765 Palace Road, Greater Napanee, ON K7R 3K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Greater Napanee.
About Purchasing a Home in Greater Napanee, ON
For a property listed at $829,900 in Greater Napanee, the legal minimum down payment is $57,990 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 $13,073 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 $13,073.
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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.