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MLS® X13209810
Greater Napanee, ON
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.
Inclusions
Washer, Dryer, Refrigerator, Stove, All Bathroom Mirrors, All Light Fixtures, All Smoke Detectors, All Carbon Monoxide Detectors.
Exclusions
All Tenants Belongings
Broker
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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Store W Apt/Office
48 Dundas Street E Greater Napanee
Greater Napanee
Type
Store W Apt/Office
Basement
Full, Unfinished
Parking
None (2)
Property Tax
~$3,954/yr
Heating
Forced Air
Buying Essentials
Square Feet
2750 sqft
Facing Direction
South
Parking
None (2)
Finances
List Price
$675,000
Price per SQFT
$245/sqft
Property Tax
~$3,954/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
2750 sqft
Basement
Full, Unfinished
Living & Amenities
Heating Type
Forced Air
Features
Carpet Free · Separate Heating Controls · Separate Hydro Meter · Storage
Policies & Utilities
Neighbourhood
Greater Napanee
Listed On
May 28, 2026
Library
Park
Place Of Worship
River/Stream
School
Days on Market
Current: 163 days
3.8 x 3.4
13 sqft
3 Pc Bath
6.9 x 5.1
35 sqft
Open Concept
7.4 x 11.3
84 sqft
Open Concept, Combined w/Living, Combined w/Dining
16.2 x 18.2
294 sqft
Combined w/Laundry
8.2 x 6.7
55 sqft
6.9 x 7.6
52 sqft
Hardwood Floor
18.8 x 12.9
242 sqft
Hardwood Floor
11.6 x 11.4
132 sqft
4 Pc Bath
5.7 x 13.4
77 sqft
Open Concept, Combined w/Dining, W/O To Balcony
12.8 x 13.4
171 sqft
15.6 x 16.0
250 sqft
9.0 x 16.0
144 sqft
2 Pc Bath
6.1 x 2.9
17 sqft
2 Pc Bath
6.1 x 2.6
16 sqft
12.7 x 17.6
224 sqft
12.1 x 5.9
71 sqft
11.7 x 23.9
279 sqft
Rooms
17
Listed Room Area
2,156 sqft
Source
Estimated from MLS room dimensions
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