49/51 Bridge Street
Greater Napanee, ON
- 9 bed
- 7 bath
- approx. 5000 + sqft
- Multiplex
Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. Six units are currently tenant-occupied with long-standing tenants, with one vacant unit expected to be rented shortly at $1,550/month. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice required for all showings. Income and expense sheet and a recent building inspection are available upon request.
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Listing Details
- Taxes (2026)
- $6,803
- Listed
- September 18, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 100+
- Construction
- Brick, Vinyl Siding
- Roof
- Metal, Shingles
- Foundation
- Slab, Stone
- Interior
- Water Heater Owned
- Lot Size
- 82.95 x 134.9 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Centre st W on Bridge
- Zoning
- R4
- Parcel Number
- 450940080
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- 7 Refrigerators, 7 Stoves, 2 Hot Water Tanks
- Exclusions
- All Tenant Belongings
Schools
Elementary
- The Prince Charles School0.9 km
Public · Limestone DSB · 490 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 44% met the provincial standard
- J J O'Neill Catholic School1.5 km
Catholic · Algonquin and Lakeshore CDSB · 250 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Southview Public School1.6 km
Public · Limestone DSB · 620 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 56% met the provincial standard
Secondary
- Napanee District Secondary School1.1 km
Public · Limestone DSB · 1010 students
Grade 10 literacy: 82% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Greater Napanee · last 12 months
- Median sold price
- $495,000
- Homes sold
- 209
- Median days on market
- 39
- Sale-to-list price
- 95.3%
Based on 209 recorded sales of residential freehold properties in Greater Napanee over the last 12 months.
Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE
Walk Score
Walk
Bike
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Location
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Mortgage Calculator
$152,000
Estimated Monthly Payment
$3,734
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,734/mo (20% down, 5.5%)
Taxes: $567/mo · Insurance: $190/mo
Estimates only. Consult a financial advisor.
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