For Sale Store W Apt/Office

48 Dundas Street E

4 Baths
2675 Sq Ft
Sale Price $699,900

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

Property Details

Bathrooms: 4
Square Feet: 2675
MLS Number: X12715974

Characteristics

Property

Status: Sale
Type: Store W Apt/Office
Area: Lennox & Addington
Community: 58 - Greater Napanee

Inside

Bathrooms: 4
Air Conditioning: Partial

Building

Heating: Electric Forced Air
Water supply: Municipal

Parking

Garage: None
Parking Places: 2

Fees

Taxes: 3954
Tax Year: 2025
Tax Legal Description: PT LT 3 S/S DUNDAS ST PL 82 AS IN LA121334; S/T & T/W LA121334; S/T LA276324; GREATER NAPANEE

Land

Frontage: 20
Lot Depth: 132
Lot Size Units: Feet
Water Source: Municipal
Parcel Number: 450920121
Cross Street: Dundas Street East (#48) between East Street and John Street

Commercial General

Taxes: Annual

Sale History

Date Event Price MLS Number
Jan 21, 2026 Listed $699,900 X12715974
Nov 20, 2025 Removed X12173358
May 26, 2025 Listed $699,900 X12173358

Similar Properties

305 – 55 Shipway Avenue

$449,000
2 Bedrooms1 Bathrooms700-799 sq ft

Welcome To 55 Shipway Ave Unit 305 – Bright And Beautifully Maintained 2-Bedroom, 1-Bathroom Condo In The Port Of Newcastle. […]

View Details

2748 Delmar Street

$875,000
2 Bedrooms3 Bathrooms

This 2 1/2 year old quality built Marques executive bungalow with double garage is in absolutely immaculate condition, featuring hardwood […]

View Details

246 Moonstone Road E

$1,099,000
1850 sq ft

Commercial building with rental income. Great corner property with high exposure in Moonstone. Minutes from Hwy 400. Approximately 30 minutes […]

View Details

119 Inverness Street N

$899,900
3 Bedrooms3 Bathrooms2000-2500 sq ft

The Stunning Meribelle! Discover over 2,100 square feet of beautifully designed living space across three levels. The Meribelle features 3 […]

View Details

301 – 620 Sauve Street

$609,000
2 Bedrooms2 Bathrooms1000-1199 sq ft

Sparkling 2 Bedroom 2 Bath corner unit in a quant low rise. Open concept layout, refreshed to look new again […]

View Details

3780 Dominion Road

$569,900
4 Bedrooms2 Bathrooms1500-2000 sq ft

Welcome to this beautifully preserved century home nestled in the heart of the charming village of Ridgeway. Rich in character […]

View Details
Playwright test automation by WrightTest
Scroll to Top