Salehian.com 647-325-5000

48 Dundas Street E

58 - Greater Napanee, Greater Napanee, K7R 1H8

$675,000

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  • 2 bedrooms
  • 4 bathrooms
  • 2 parking
  • 2500-3000 sq ft

Listed 145 days ago · MLS® X13209810

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.

Details

Type
Store W Apt/Office
Style
2-Storey
Size
2500-3000 sq ft
Lot
20 × 132 ft
Basement
Full, Unfinished
Garage
None
Kitchens
2
Property tax
$3,954 (2025)
Neighbourhood
58 - Greater Napanee
Municipality
Greater Napanee

Interior

Bedrooms
2 above ground
Bathrooms
2 × 2-piece (main), 1 × 3-piece (upper), 1 × 4-piece (upper)
Rooms
21 above ground + 1 below
Family room or den
No
Fireplace
No
Features
Carpet Free, Separate Heating Controls, Separate Hydro Meter, Storage

Heating, cooling and services

Heating
Forced Air, Electric
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Stone
Roof
Flat
Foundation
Concrete
Faces
South

Parking

Total parking
2
Driveway and parking
Available

Lot

Size
20 × 132 ft (irregular)
Acreage
< .50

More

Possession
Flexible
Nearby
Library, Park, Place Of Worship, River/Stream, School
Cross street
Dundas Street East (#48) between East Street and John Street

Rooms

RoomLevelSizeFeatures
FoyerUpper1.17 × 1.03 m (3'10" × 3'5")
BathroomUpper2.1 × 1.56 m (6'11" × 5'1")3 Pc Bath
KitchenUpper2.27 × 3.43 m (7'5" × 11'3")Open Concept
BedroomUpper4.93 × 5.54 m (16'2" × 18'2")Open Concept, Combined w/Living, Combined w/Dining
Common RoomUpper2.49 × 2.04 m (8'2" × 6'8")Combined w/Laundry
FoyerUpper2.09 × 2.32 m (6'10" × 7'7")
Living RoomUpper5.73 × 3.93 m (18'10" × 12'11")Hardwood Floor
BedroomUpper3.53 × 3.47 m (11'7" × 11'5")Hardwood Floor
BathroomUpper1.74 × 4.09 m (5'9" × 13'5")4 Pc Bath
KitchenUpper3.89 × 4.09 m (12'9" × 13'5")Open Concept, Combined w/Dining, W/O To Balcony
SittingMain4.75 × 4.88 m (15'7" × 16')
OfficeMain2.75 × 4.88 m (9' × 16')
BathroomMain1.85 × 0.87 m (6'1" × 2'10")2 Pc Bath
BathroomMain1.85 × 0.78 m (6'1" × 2'7")2 Pc Bath
Common RoomMain3.87 × 5.37 m (12'8" × 17'7")
OfficeMain3.68 × 1.79 m (12'1" × 5'10")
Common RoomMain3.56 × 7.29 m (11'8" × 23'11")

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 7 cafés and restaurants, 5 parks, 2 pharmacies. Nearest park: Lions Park (250 m).

Schools nearby

Elementary

  • The Prince Charles School
    EQAO: Gr 6 reading 90%, math 44%    12 min walk
  • J J O'Neill Catholic School Catholic
    EQAO: Gr 6 reading 88%, math 33%    1.4 km
  • Southview Public School
    EQAO: Gr 6 reading 97%, math 56%    1.5 km

Secondary

  • Napanee District Secondary School
    EQAO: Gr 9 math 42%, literacy test 82%    15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K7R

Owners / renters
70% / 30%
Median household income
$77,000
Average age
48
Children under 15
13%
Homes
72% detached
Commute by transit
0%
Population
15,480

Languages spoken most at home besides English: Arabic 0.1%, Greek 0.1%, Korean 0.1%, American Sign Language 0.1%.

Safety

Crime Severity Index for Lennox and Addington County (Greater Napanee) (OPP): 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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