5 THINGS YOU'LL LOVE ABOUT THIS HOME - 1) THE INCOME POTENTIAL - With 3 separate living spaces, including a fully legal basement apartment, you can live in one unit and rent out the other two, making this custom luxury home surprisingly attainable for even a first-time buyer. 2) THE LOCATION: Close enough to the 401 for an easy commute, set back far enough that you'll never hear it. On city services, with a true country feel just 2 minutes from downtown Napanee. 3) THE LOT: 2 acres backing onto a ravine, with deer and wildlife right in your backyard. One of the largest residential lots in town, with more backyard than frontage and mature trees shading the home throughout. 4) THE CUSTOM BUILD: Built in 2021, this home features an ICF foundation, steel roof, engineered hardwood floors, tall ceilings, and a sleek modern aesthetic throughout. Radiant in-floor heating in the office, tankless hot water, HRV, fibre internet, and a GenerLink power hookup round out the high-end finishes. 5) THE LAYOUT: A main floor primary bedroom with a 3-piece ensuite, walk-in closet, and private walkout office. The kitchen and living space soar with 2-storey ceilings, and a wraparound deck connects your ground floor bedroom to the front entrance. A 26x38' garage features a separate 1 bed, 1 bath loft above, complete with its own kitchen, laundry, and parking. (id:51075)
Single-familyProperty Type
6 spacesParking
Listed by Tyler Chin• Coldwell Banker Electric Realty
4 bedrooms: one on the ground level, one on the second level, and two in the basement
Bathrooms
4 bathrooms
Laundry & utility
Utility room in the basement
Heating & cooling
Natural gas and propane heating
Central air conditioning
Air exchanger
Exterior features
58-foot frontage
Home design
1.5 levels
Parking
6 parking spaces
Garage
Utilities
Sanitary sewer
Sale and tax history for 765 Palace Rd
Sale History
Tax History
Date
Event
Price
TREB #X12732154
May 27, 2026
Delisted
—
May 6, 2026
Price Changed
$875,000
Apr 4, 2026
Price Changed
$894,900
Feb 21, 2026
Price Changed
$939,900
Jan 27, 2026
Listed
$950,000
+43
Exceptional multi-dwelling property offering strong income potential and flexible living options, set along the Napanee River on approximately 1.7 acres. The main residence features a modern, open-concept layout with a bright kitchen, generous counter space, and ample cabinetry. The primary bedroom includes a walkout to a private office and sitting area with scenic river views, while the upper-level loft bedroom offers a private ensuite and balcony. The lower level includes a one-bedroom apartment with in-floor heating, a full kitchen, and a private walkout to dedicated parking. A detached workshop features a separate one-bedroom loft apartment with an open-concept kitchen and living area, ideal for additional rental income or guest accommodation. Comfort and efficiency are enhanced with natural gas heating in the main home, hot water radiant heating on the above-ground levels, hot water on demand, and propane heating serving the garage and loft spaces. Located just 15-20 minutes from Kingston, Belleville, and Prince Edward County, this property offers an exceptional blend of lifestyle, versatility, and investment potential.
As the MLS and public records start to fill up, we'll list the details here.