
Greater Napanee, ON K7R 2C2
This fully leased 14-unit legal rooming house is an excellent investment opportunity in a sought-after neighbourhood. With approximately $140,000.00/year income and a low vacancy rate, this property is ideal for investors seeking stable cash flows. With close proximity to all amenities, the property features 14 units with a total of 11 washrooms (five 3 peices and six 2 peices) thus very mininal shared washrooms. Large kitchen with dining and open concept recreational space for socializing. New security camera systems and many other recent upgrades. Fire code certification completed as well (2025).
TRREB MLS® Attribution
MLS® X12902526
Listed by iCloud Realty Ltd.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,761
/month · $780,000 mortgage
Amortization
Total Interest
$648,316
Total Cost
$1,428,316
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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iCloud Realty Ltd.