7 Bed Residential Freehold – 20 Asa Street, North Grenville, ON
$849,900 CAD
Property Description
Established five-unit residential income property with a proven rental history, consisting of two 2-bedroom units and three 1-bedroom units. All units are self-contained with private bathrooms, offering a versatile layout that appeals to a wide range of tenants. Originally a duplex and expanded over time, the building now operates as a full multi-residential property while remaining straightforward to manage.The all-brick exterior and durable metal roof contribute to long-term maintenance reliability, while tenant storage lockers and on-site parking for five vehicles support stable, long-term occupancy. The largest two-bedroom unit has been recently updated with new flooring, kitchen, bathroom, and fresh paint.Located in the heart of downtown Kemptville, tenants enjoy walkable access to shops, restaurants, recreation, trails, and community events-driving consistent rental demand.Investor opportunity: Seller will give preference to offers that include the adjacent parcel on Thomas Street, presenting potential for future land assembly and increased density. The adjacent property is available separately. Income and expense statement available.
Property Details
Type
Residential Freehold
Parking
5 spaces
All Photos
Location
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Lease Cost Summary
Estimated occupancy costs based on the listed rate.
Listed Rate
$849,900 / mo
Monthly Cost
$849,900
Annual Cost
$10,198,800
* TMI (taxes, maintenance, insurance) and utilities may be additional. Talk to Maneesh for full lease terms.
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