48 Dundas Street E Greater Napanee, Ontario K7R 1H8
$699,900
A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units. Current Gross Income: $55,647/year. Income Upside: $61,047/year with 900 sq. ft. storage leased. NOI: $42,193 (or $47,593 with storage leased). Commercial Lease: Secured until August 2027. New furnace and rubber membrane roof (2020). All units fully leased. Gibbards District bringing major population and customer growth. Financials available upon request (id:47351)
Property Details
| MLS® Number | X12715974 |
| Property Type | Retail |
| Community Name | 58 - Greater Napanee |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Appliances | Dryer, Washer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Exterior | 2675.16 Sqft |
| Size Interior | 2,675 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 132 Ft |
| Size Frontage | 20 Ft |
| Size Irregular | 0.063 |
| Size Total | 0.063 Ac |
| Size Total Text | 0.063 Ac |
| Zoning Description | C3 |
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January 21 2026 01:00:19
Kingston & Area Real Estate Association
Royal LePage Proalliance Realty, Brokerage