48 Dundas Street

ActiveGreater Napanee · 58 - Greater Napanee70 days on marketMLS® X13209810
$675,000
$270 / sq ft
Bedrooms2
Bathrooms4
Interior2,500 sq ft
TypeCommercial
ListingFor Sale
Days on Market70

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX13209810
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size2,500 sq ft
Beds / Baths2 bed · 4 bath
Neighbourhood58 - Greater Napanee
CityGreater Napanee
Postal CodeK7R 1H8
ProvinceON
Listed DateMay 28, 2026
Days on Market70
Price per Sq Ft$270
BrokerageROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Location

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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE