48 Dundas Street E, Greater Napanee, ON K7R 1H8
Greater Napanee
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 48 Dundas Street E, Greater Napanee, ON K7R 1H8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12715988
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
On market since Jan 21, 2026
48 Dundas Street E, Greater Napanee, ON K7R 1H8 is listed for $699,900 CAD.
48 Dundas Street E, Greater Napanee, ON K7R 1H8 has 2 bedrooms and 4 bathrooms.
48 Dundas Street E, Greater Napanee, ON K7R 1H8 is a Store W Apt/Office.
48 Dundas Street E, Greater Napanee, ON K7R 1H8 is in Greater Napanee, Ontario.
48 Dundas Street E, Greater Napanee, ON K7R 1H8 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 48 Dundas Street E, Greater Napanee, ON K7R 1H8 (MLS# X12715988). You can also send a message through the contact form on this site.
