665 Van Buren Street
801 - Kemptville / North Grenville, ON K0G 1J0
About This Property
Discover an exceptional commercial and future development opportunity in Kemptville! Situated on 2.12 acres in a C5-h Commercial zone, 665 Van Buren Street presents an exciting opportunity for investors, developers, and entrepreneurs alike. The possibilities for this property are endless, with future development potential that could lend itself to a commercial plaza or single-business use. The property could be ideally suited for a daycare, wellness centre, light industrial use, or any of the diverse options outlined in the attached list of permitted zoning uses. This versatile property is located less than one kilometre from a bustling shopping area containing a Walmart, Starbucks, Canadian Tire, a new hotel currently under construction, and various other popular businesses.In the meantime, the existing property offers excellent income potential, with two separate residential units providing rental opportunities while you plan for future business uses. The main residence includes 4 bedrooms and 2.5 bathrooms, extensively renovated in 2020 with rustic finishes and an open-concept layout. A self-contained one-bedroom granny suite provides an additional rental unit, or a space for operating your business. The property also features a private backyard with an in-ground swimming pool and substantial outdoor space, adding further versatility and appeal. The beauty of the home may just entice you to move in yourself! Whether you envision developing a commercial plaza, operating a business, or simply living on-site, this property offers the flexibility to adapt to your vision. With its generous 2.12-acre footprint, commercial zoning, existing rental income potential, and range of possible future uses, this is a property with countless opportunities in a desirable Kemptville location.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13601862
Listed by HOMELIFE/DLK REAL ESTATE 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
Mortgage Estimate
Est. Monthly Payment
$7,325
/month · $1,200,000 mortgage
Amortization
Total Interest
$997,409
Total Cost
$2,197,409
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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