Greater Napanee, ON
3244 County 41 Road
$598,000
Data last updated Oct 30, 2026, 4:50 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $598,000
- Type
- investment
- Bedrooms
- 0
- Bathrooms
- 5
- MLS®
- X14122812
- Status
- active
- Brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
About this home
Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request.
Location
More details
- Property tax
- $4,121 (2025)
- Days on market
- 4
- Style
- Apartment
- Year built
- 100+
- Lot
- 72.18 × 139.86 Feet
- Parking
- 5 spaces · None
- Heating
- Baseboard
- Air conditioning
- Partial
- Neighbourhood
- Greater Napanee
- Major intersection
- Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.