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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Click brochure link for more details. 147 Acres | Highway 401 Industrial Development Opportunity | Greater Napanee, Ontario. 147 acres (59.68 hectares) of M2 General Industrial land located along the Highway 401 corridor between Kingston and Belleville. One of Eastern Ontario's largest contiguous industrial land holdings. Situated within an established industrial corridor, the property is directly adjacent to Goodyear Canada's tire manufacturing complex, currently undergoing an expansion in excess of $575 million. The site is also located within approximately 15 kilometres of more than 3,400 MW of installed and approved electricity generation. Environmental due diligence has been completed in support of future industrial development. The holding supports substantial building footprints, phased development, multi building configurations and long term expansion within a single ownership. No development envelope has been fixed, so a purchaser can plan around their own requirements rather than inherit someone else's. The scale of the site is ideally suited for advanced manufacturing, logistics, distribution, warehousing, data centers, and other large-format employment uses. Significant building footprints, phased development, and long-term expansion can be accommodated within a single ownership.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$46,796/mo
Mortgage (principal + interest)$46,575
Property taxFrom listing: $2,656/yr$221
Minimum 20% ($2,490,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$2,490,000
Ontario land transfer taxProvincial brackets, no first-time refund$297,725
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,790,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greater Napanee has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
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