48 DUNDAS STREET E, Greater Napanee (Greater Napanee)

2026-01-21
 

Quick Summary

Location
48 DUNDAS STREET E, Greater Napanee (Greater Napanee), Ontario K7R1H8
Price
$699,900 CAD
Status:
For Sale
Property Type:
Single Family
Bedrooms:
2
Bathrooms:
4
Garages:
2
Brochure Link:
Video Link:

MLS®#X12715988

Property Description

Prime Mixed-Use Investment - 48 Dundas Street East, Downtown Napanee. A strong mixed use income property in the heart of Napanee's revitalized downtown, featuring 2 residential units, 1 commercial unit, and 2 storage units. All spaces are fully leased, generating a current gross income of $61,647/year. The commercial tenant is secured until August 2027, providing stable long term cash flow. The main floor commercial space offers 1,300 sq. ft., quality finishes, two bathrooms, dedicated laundry, a new furnace, and a rubber membrane roof installed in 2020. Upstairs are two well designed apartments: a bright modern studio with a heat pump, and a spacious one bedroom with open concept living and a private balcony. Shared laundry is located in the common hallway. Additional income includes one storage unit at $100/month and a second at $500/month. With an approximate 7% NOI, this property delivers strong, stable returns supported by diversified income streams in a growing market. Located steps from the rapidly expanding Gibbards District, the property benefits from increasing population density and customer traffic. Financials are available upon request - a rare opportunity to secure a stable, diversified asset in a thriving downtown corridor. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Place of Worship, Schools

Building

  • Amenities: Separate Heating Controls, Separate Electricity Meters
  • Appliances: Dryer, Washer
  • Basement Development: Unfinished
  • Basement Type: Full (Unfinished)
  • Exterior Finish: Brick, Stone
  • Fireplace: No
  • Building Type: Residential Commercial Mix
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Level, Carpet Free

Land

  • Land Size: 0.063 ac|under 1/2 acre
  • Sewer: Sanitary sewer

Zoning

  • Description: C3

Information entered by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Listing information last updated on: 2026-05-12 19:20:50


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