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New5 days ago

679 Palace Road

58 - Greater Napanee, Greater Napanee

$529,000

Detached|2-Storey
3 | 5 | 4
About this home

Welcome to 679 Palace Rd in Napanee, a distinctive waterfront property offering an exceptional blend of character, space, and year-round enjoyment along the Napanee River .A charming stone walkway leads to the front of the home, where a covered porch welcomes you inside. The main level features a warm living/dining room complete with a gas fireplace and elegant double glass French doors. The open-concept kitchen flows seamlessly into a second living/dining area at the rear of the home, where an abundance of windows fills the space with natural light and offers beautiful views of the backyard. A striking brick-encased centre-counsel gas fireplace creates a welcoming focal point, while a skylight in the kitchen adds even more natural light. The stove is also beautifully brick-encased, adding character and cohesion to the space. The rear living area opens onto a balcony, creating an ideal spot to enjoy the surrounding views. A convenient side entrance leads to the laundry room, storage room, and garage, providing excellent functionality for everyday living. Upstairs, a skylight brightens the second floor, which offers three bedrooms. The spacious primary bedroom features a private ensuite with a Jacuzzi tub as well as its own balcony overlooking the backyard. The walk-out basement provides even more living space, featuring a third gas fireplace and sliding doors that lead directly to the back patio. Two additional bedrooms are located on this level, including one with its own ensuite bathroom-perfect for guests, extended family, or flexible living arrangements. Step outside to your private backyard oasis, complete with an in-ground pool, full fencing, and a storage shed. Beyond the fenced yard, continue walking to reach the Napanee River and enjoy the exceptional setting this waterfront property provides. An irrigation system draws water from the river for gardening, adding convenience for maintaining the outdoor spaces. Offers will be presented on October 28th at 1pm.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$6,609
Lot Size84 ft x 382.3 ft
mls© NumberX14081974
Listed ByGORDONS REAL ESTATE BROKERAGE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,708
Property tax
$551
Heat allowance
$150
Housing costs
$3,408 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,800
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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