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
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MLS# X12715988
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
On market since Jan 21, 2026
What comparable homes actually sold for in the last 12 months.
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.
