3244 County 41 Road
Greater Napanee, ON
5 bath • 0.35 sqft • Investment • 125 days on market
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.
Listing Details
- Taxes (2025)
- $4,121
- Listed
- April 24, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 72.18 x 139.86 Feet
Utilities
- Water
- Drilled Well
- Sewer
- Septic
Location & Legal
- Cross Street
- Located on the Corner of Roblin Rd & County Road 41 in the Village of Roblin
- Zoning
- HR-2 (Hamlet Residential - Exception2)
- Parcel Number
- 450800196
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Tenant
Included
- Inclusions
- Washer & Dryer - Coin-operated, 6 hot water tanks (electric), 5 refrigerators, 5 stoves, all water treatment devices and pumps.
- Exclusions
- Tenant Belongings
- Rental Items
- None
Community
Postal area K0K
- Population
- 115,850
- Private dwellings
- 53,153
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Greater Napanee · last 12 months
- Median sold price
- $500,000
- Homes sold
- 215
- Median days on market
- 39
- Sale-to-list price
- 95.1%
Based on 215 recorded sales of commercial properties in Greater Napanee over the last 12 months.
Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Location
Commercial figures
- Annual property tax
- $4,121
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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