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Investment signal

$598,000

3244 COUNTY 41 ROAD

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Beds

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Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Non-conforming suite

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Location nearby

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

About this home

Fully tenanted 5-unit legal non-conforming apartment building generating a strong gross income of $91,380/year with a 10.685% cap rate. Separately metered for hydro with electric baseboard heating and heat pumps as heating sources. Recent upgrades include a newer well producing over 5 PLUS GPM (no trickle system required) and a 10,000-gallon holding tank with approx. $3,550/year in pump-out costs. Select units have seen cosmetic improvements, ensuring tenant satisfaction and reduced maintenance. Located just 10 minutes north of Hwy 401 in the quiet village of Roblin, this low-maintenance rural property offers excellent access to urban centres and is just 2 hours from Toronto or Ottawa. A solid opportunity for investors seeking stable cash flow. Detailed expense sheet available upon request. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: 58 - Greater Napanee
Living area: 0
Lot size: 0.36 acres
Lot dimensions: 0.355
Parking: 5 total
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $4,121
Zoning: HR-2 (Hamlet Residential - Exception2)
Photos: 38
MLS#: X13042640
Area: GREATER_NAPANEE_(GREATER_NAPANEE)

Features and systems

Appliances

WasherDryerWater TreatmentWater Heater

Heating

Baseboard heaters

Cooling

Partially air conditioned

Lot

Irregular lot size

Negative cash flow ~$676/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

-6.78%

Cap rate

3.51%

GRM

16.6

Break-even rent

$3,711

Financing

Down payment$119,600

Loan amount$478,400

Mortgage$2,424/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$274

Insurance$80

Maintenance$498

CapEx reserve$249

Vacancy loss$150

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 $2,424/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.