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.
Property details
Listing and transaction history
History is shown only when available and permitted by the associated feed. No inferred historical sales are displayed.
No additional authorized history is available for this address.
Your property research
Save this property to your watchlist and compare it with other homes.
Sign up to track this homeAvailable local context
Current IDX records for Greater Napanee: 8 active sale listings, with asking prices ranging from $99,000 to $34,500,000.
These are imported inventory statistics, not completed-sale comparables or an independent market-value estimate. Historical sale data is restricted to authorized VOW users.
Nearby homes for sale
Active listings within Greater Napanee, ordered by similarity in asking price. These are not verified comparable sales.
Walkability and nearby amenities
Explore the neighbourhood around this home. Official Walk Score® ratings require a licensed Walk Score integration and are not fabricated here.