Greater Napanee, ON K7R 1H8,48 Dundas ST E
Greater Napanee, ON K7R 1H8,48 Dundas ST E
Greater Napanee, ON K7R 1H8,48 Dundas ST E
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$699,900
Est. payment /mo
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4 Baths
New

48 Dundas ST E Greater Napanee, ON K7R 1H8

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Subdivision 58 - Greater Napanee

MLS Listing ID X12715974

Annual Tax Amount $3,954

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property Description

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: $55,647/year. Income Upside: $61,047/year with 900 sq. ft. storage leased. NOI: $42,193 (or $47,593 with storage leased). 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

Location

Province ON

County Lennox & Addington

Area Lennox & Addington

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 20.0

Lot Depth 132.0

Others

Security Features No

ParcelsYN No

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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48 Dundas ST E

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