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.
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.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$6,014/mo
Mortgage (principal + interest)$5,611
Property taxFrom listing: $4,833/yr$403
Minimum 20% ($300,000 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$300,000
Ontario land transfer taxProvincial brackets, no first-time refund$26,475
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$329,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. North Grenville 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
