$510,000
201 CLOTHIER ST STREET E
Beds
4
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
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
Opportunity doesn't always show up looking perfect... sometimes it shows up positioned.This side-by-side duplex in the heart of Kemptville is one of those properties that quietly opens multiple paths forward-whether you're looking to live in one unit and have support from the other, or step into a smart income-producing asset from day one.Set on a generous lot and zoned R3 (Residential Third Density), this property offers more than just today's income-it gives you future options. Think duplex today... with the potential for expanded use or redevelopment down the road (buyer to verify).The 3-bedroom unit has seen extensive updates in recent years, including kitchen, bathroom, flooring, windows, and more-creating a comfortable, move-in-ready space. The second unit offers flexibility with a 1-bedroom layout that could be reimagined into 2 bedrooms.Separate meters, two furnaces, and independent driveways create a clean setup for tenants, while the location keeps everything within reach-shops, restaurants, parks, and the Rideau River just a short walk away. Quick access to Hwy 416 means you're only about 25 minutes to Ottawa.Current rents provide solid income with room to grow, and the large lot-with potential to sever (buyer to verify)-adds another layer of long-term upside.If you've been waiting for a property that gives you both income and options... this is one worth looking at closely. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 801 - Kemptville
- Lot dimensions
- 83.5 x 90 FT
- Bedrooms
- 4 above grade
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 23, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $3,171 (2025)
- Zoning
- C1
- Photos
- 44
- MLS#
- X13035552
- Area
- NORTH_GRENVILLE
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-3.10%
Cap rate
4.24%
GRM
14.7
Break-even rent
$3,177
Financing
Operating expenses (monthly)
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
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.