For Sale

469 Palace Road, Greater Napanee, Ontario K7R 1A5

$2,789,000

469 Palace Road, Greater Napanee, Ontario K7R 1A5 is For Sale and has a listing price of 2,789,000. The property is located in the Greater Napanee . It's been on the website for 58 Days.

  • Investment
    Property Type
  • MLS ID: X12129269
  • Office Name KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
Property Description

Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!

Property Details
  • MLS ID: X12129269
  • Price: $2,789,000
  • Lot Depth: 120
  • Transaction Types: For Sale
  • Ref ID: X12129269
  • Year Built: N/A
  • Dir / Cross St: Palace Rd
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/07/2025 X12129269 $2,789,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Greater Napanee
  • $981,719 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 158 Median Days on Market
    based on 1 year
  • List vs. Selling Price 121.53 % Up
  • Sold (12mo) 108
  • Rented (12mo) 9

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $18,828
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 90
  • Listing Entry Date: 07/05/2025 01:55:44
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