For Sale: 48 Dundas Street E, Greater Napanee, ON - REW
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$675,000
2 bd • 4 ba • sf • House
48 Dundas Street E
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$675,000
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48 Dundas Street EGreater Napanee, ON, K7R 1H8

  • 2 Bed
  • 4 Bath
  • Sqft
  • House

About this home

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. (id:63626)
Listed by: ADAM KOVEN, Broker, ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Home facts and features

Price details
List Price
$675,000
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Gross Taxes for 2026
$3,954
Home facts
Bedrooms
2
Full Bathrooms
2
Partial Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
House
Lot Size
20 ft x 0 ft (2744 ft²)
Depth
Frontage
20.0 feet
Exterior Finish
Brick, Stone
Heating Type
Forced air, Electric
Basement Details
Unfinished, Full
Features
Carpet Free, Irregular lot size, Level, Separate Electricity Meters, Separate Heating Controls, Smoke Detectors
Appliances
Dryer, Washer
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Listing details
Days on REW
12 Days
Property Views
18
MLS® Number
X13209810
Source
Canadian Real Estate Association
Board
Kingston & Area Real Estate Association
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25 Years
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Property Insights

The Prince Charles School
  • Public
  • JK - 8
Napanee District Secondary School
  • Public
  • 9 - 12
J J O'Neill Catholic School
  • Catholic
  • JK - 8
Southview Public School
  • Public
  • JK - 8
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Call Agent
Broker
ADAM KOVEN
Phone:
(613) 539-0000
Cell:
613-539-0000
Office:
613-544-4141
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