For Sale - 48 Dundas Street, Greater Napanee, Ontario

Est payment $3,241/mo
Views   1
Time on Jump  124 day
  • 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
Parking 2.00
ASAP

Wed

30

Sep

Thu

1

Oct

Fri

2

Oct

Sat

3

Oct

Sun

4

Oct

Mon

5

Oct

Tue

6

Oct

Wed

7

Oct

Thu

8

Oct

Fri

9

Oct

Sat

10

Oct

Sun

11

Oct

Mon

12

Oct

Tue

13

Oct

Wed

14

Oct

Thu

15

Oct

Fri

16

Oct

Sat

17

Oct

Sun

18

Oct

Mon

19

Oct

Tue

20

Oct

Wed

21

Oct

Thu

22

Oct

Fri

23

Oct

Sat

24

Oct

Sun

25

Oct

Mon

26

Oct

Tue

27

Oct

Wed

28

Oct

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Brokerage: 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
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

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