Kemptville · P7A 7P6
$519,000
$64 / sq ft4 months on market
Exceptional Development Opportunity in the Heart of Kemptville!Discover an incredible chance to invest in one of North Grenville's fastest-growing communities. Located on Prescott Street, this strategically positioned property sits within the Community Improvement Plan (CIP) area, currently offering no development charges. The municipality is eager to collaborate with new projects and offers a no-cost Development Review Team (DRT) session to help streamline your planning process.Currently zoned C1-11, this versatile property supports a wide range of commercial and mixed-use options. The planning department has also indicated openness to a minor variance for residential use, given the central location and identified housing demand highlighted in the 2023 population study.Municipal services, previously connected to the site, enhance its readiness for redevelopment and makes it an attractive opportunity for infill or new construction. The property is being sold for land value only, as the former structure was lost to fire and is not accessible.Kemptville continues to thrive with expanding infrastructure, modern amenities, and a progressive vision for smart growth. Invest in North Grenville-where small-town charm meets urban opportunity.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 45% of comparable vacant land listings in North Grenville are asking less.
Based on 20 comparable active vacant land listings in North Grenville. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $519,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of EXIT REALTY MATRIX. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.