48 Dundas Street

Greater Napanee, ON

4 bath • 2,675 sqft • Store W Apt/Office • 91 days on market

$675,000

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: $61,647.00/year NOI: 7% 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

Listing Details

Taxes (2025): $3,954
Listed: May 28, 2026

Price History

Listing history

Property

Lot Size: 20 x 132 Feet

Location & Legal

Cross Street: Dundas Street East (#48) between East Street and John Street
Zoning: C3
Parcel Number: 450920121
Possession: Flexible

Commercial

Occupancy: Tenant
Office / Apartment Area: 1361.88 Sq Ft

Included

Inclusions: Washer, Dryer, Refrigerator, Stove, All Bathroom Mirrors, All Light Fixtures, All Smoke Detectors, All Carbon Monoxide Detectors.
Exclusions: All Tenants Belongings
Rental Items: Water Heater

Community

Postal area K7R

Population: 15,480
Private dwellings: 6,845
Median age: 50.4
Average household size: 2.3
Median household income: $77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Greater Napanee · last 12 months

Median sold price: $500,000
Homes sold: 215
Median days on market: 39
Sale-to-list price: 95.1%

Based on 215 recorded sales of commercial properties in Greater Napanee over the last 12 months.

Listed by

ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Location

Commercial figures

Building area: 2,675 sq ft
Price per sq ft: $252.34
Annual property tax: $3,954
Tax per sq ft: $1.48

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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