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$675,000 Sale
Listed 138 days ago
48 Dundas Street E
· 2
· 4
· 2
· 2500-3000
Listing History
Buy/Sell/Terminated/Expired listing history for 48 Dundas Street E
Key Facts
Key facts for 48 Dundas Street E
Property Type
Commercial, 2-Storey
Parking
None 0 garage, 2 parking
MLS #
X13209810
Size
2500-3000 sqft
Basement
Full,Unfinished
Listed on
2026-05-28
Lot size
20 x 132.0
Tax
$3,954 /yr
Days on Market
138
Approximate Age
-
Maintenance Fee
-
Description
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/ye...ar. 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.
Room Types
Bathroom
4 Pc Bath
Dimensions 5.71 x 13.42 feet
76.63 sqft
Bathroom
3 Pc Bath
Dimensions 6.89 x 5.12 feet
35.28 sqft
Bedroom
Hardwood Floor
Dimensions 11.58 x 11.38 feet
131.78 sqft
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Courtesy of: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE