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Investment signal

$150,000

00 THOMAS STREET

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Beds

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Sqft

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Year

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Type

Vacant Land

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Grenville. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Positioned on Thomas Street in the heart of Kemptville, this prime vacant parcel offers a rare opportunity for both standalone development and potential land assembly. Just steps to the South Branch of the Rideau River, hospital, library, schools, post office, and walking paths-with NGTransit nearby-this location supports true walkable living and long-term value. Zoned R3, the property permits a range of residential uses including duplex, semi-detached, triplex, and additional residential units, making it well-suited for efficient infill development. Whether you're looking to build now or hold for future growth, the flexibility here is clear. For those seeking greater scale, the adjacent 5-plex presents a compelling assembly opportunity to increase density and unlock additional potential. A strategic investment in one of Kemptville's most connected and desirable neighbourhoods. (id:65958)

Subtype: Vacant Land
Community: 801 - Kemptville
Lot dimensions: 40.6 x 89.97 FT
On market: Apr 17, 2026
Status changed: Apr 24, 2026
Annual tax: $1,125 (2025)
Zoning: R3
Photos: 6
MLS#: X13013306
Area: NORTH_GRENVILLE

Features and systems

Community

School Bus

Utilities

SewerElectricityCable

Positive cash flow ~$1,336/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

53.43%

Cap rate

15.55%

GRM

5.2

Break-even rent

$994

Financing

Down payment$30,000

Loan amount$120,000

Mortgage$608/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$69

Insurance$80

Maintenance$125

CapEx reserve$63

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $608/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.