616 RIDEAU Street
801 - Kemptville / North Grenville, ON K0G 1J0
About This Property
Prominently positioned on a corner lot at the Gateway to Downtown Kemptville, 616 Rideau Street benefits from excellent visibility from the County Road 43 & County Road 44 corridors - a real advantage for a business looking for exposure. With the expanded County Road 43, easy Highway 416 access & the continued growth of the community, the property offers an interesting opportunity for an owner-user, investor or developer looking for location, visibility, flexibility & future potential. Designated Downtown Commercial by the Municipality of North Grenville & cross-listed residential, the property features a substantial approx 2,000 sq. ft. above-grade building currently configured primarily as a residence, with multiple entrances, a flexible floor plan & on-site parking for up to 7 vehicles. A portion of the building also has a history of commercial/office use. Generous room sizes & an adaptable layout offer potential for professional or personal services, office, salon, wellness, studio or other commercial uses. For investors looking to work with what's already here, the upper level has rough-ins in place for a future second kitchen - existing infrastructure that may help support a future live/work or multi-unit conversion. The Downtown Commercial designation supports a broad range of potential uses. Buyers to complete their own due diligence regarding intended use & required approvals. Municipal water & sewer. Vacant with immediate occupancy available. Live/work, professional services, multi-unit or redevelopment - bring your plans & explore the possibilities.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13669490
Listed by KEMPTVILLE HOMES REAL ESTATE INC.
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
Mortgage Estimate
Est. Monthly Payment
$3,218
/month · $527,200 mortgage
Amortization
Total Interest
$438,195
Total Cost
$965,395
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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KEMPTVILLE HOMES REAL ESTATE INC.
































