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    For Sale - 48 Dundas Street, Greater Napanee, Ontario

    Est payment $3,241/mo
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    Views   1
    Time on Jump  68 day

    AI Summary *

    • Strong mixed-use income property in a revitalized downtown area.
    • Fully leased residential and commercial units generating stable cash flow.
    • Main floor commercial space with quality finishes and dedicated laundry.
    • Modern apartments with heat pump and private balcony.
    • Located near expanding district, boosting customer traffic and population density.




    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.
    Listing IDX13209810
    Address48 Dundas Street
    CityGreater Napanee, Ontario
    Price$675,000
    Bed / Bath2 / 4 Full
    Style2-Storey, Store W Apt/Office
    ConstructionBrick, Stone
    Land Size0.063
    TypeResidential
    StatusFor Sale

    Subtype Store W Apt/OfficeIndoor Features Carpet Free, Separate Heating Controls, Separate Hydro Meter, StorageAmenities Library, Park, Place Of Worship, River/Stream, SchoolOwnership FreeholdViews CityBasement Full, UnfinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel ElectricSewer Sewer

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    Listing Agency:  ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    48 Dundas Street
    Greater Napanee , Ontario
    2 4 $675,000
    Get more info