375 Centre Street N

Greater Napanee · MLS® X13205446

5 sq ft · 5 sq ft lot · Land · Vacant Land · 150 days on market

listed by RONAK MEHTA, 293485

realtor's description

Prime Commercial Development Opportunity - 5.062 Acres This 5.062-acre vacant land parcel, situated at the corner of Industrial Blvd and Centre St N, offers an excellent commercial redevelopment opportunity. Zoned Arterial Commercial, the property allows for a wide range of commercial uses in a well-established retail corridor. Strategically positioned in a strong commercial area, the site is directly across from Shoppers Drug Mart and LCBO, with major retailers such as Metro, NOFRILLS, and Canadian Tire serving as shadow anchors. Centre St N is a key arterial road providing seamless connectivity to HWY 401, ensuring high visibility and accessibility. This is an ideal opportunity for developers or businesses looking to establish a presence in a thriving retail hub. Land is ideal for development of plaza, drive through restaurants, gas station, hotels, motels and several other uses. Please see allowable uses in documents.

property details

type: Land, Vacant Land
living area: 5 sq ft
lot: 5 sq ft
parking: 0
property tax: $38,880 / yr
days on market: 150
MLS®: X13205446

monthly cost

$27,203/mo

Mortgage $23,963 · Tax $3,240

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$23,963/ monthly

loan $4,400,000

25-year amortization

down payment20% · $1,100,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,788,892
cash to close: $1,100,000; down payment; transfer tax and fees not included
total paid: $7,188,892

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.