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$675,000
Ontario,Greater Napanee (Greater Napanee)
For Sale Active
48 DUNDAS STREET E, Greater Napanee (Greater Napanee), Ontario K7R1H8
  • 2
  • 4
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13209810
  • Price: $675,000
  • Bedrooms: 2
  • Bathrooms: 4
  • Half Bathrooms: 2
  • View: City view
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 55459
Features & Appliances
Features
  • Heating System: Electric, Forced air
  • Basement: Full, Unfinished
  • Parking: No Garage
  • Exterior Features: Brick, Stone
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Greater Napanee (Greater Napanee), K7R1H8
  • Street: Dundas
  • Street Number: 48
  • Street Suffix: Street
  • Longitude: W77° 3' 5.2''
  • Latitude: N44° 14' 53.5''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 0.063
  • Stories: 2.0
Financial
  • Tax Annual Amount: 3954
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Listing updated: 2026-06-11 04:38:48
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Listing Information
  • List Agent Key: 1966778
  • List Office Key: 55459
  • Modification Timestamp: 2026-05-28T18:40:23Z
  • Originating System Name: Kingston & Area Real Estate Association
  • Status Change Timestamp: 2026-05-28T18:32:28Z
Powered by REALTOR.ca
Listing updated: 2026-06-11 04:38:48
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