48 DUNDAS STREET E
Kingston · K7R1H8
$699,900
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- Residential Commercial Mix
- Bedrooms
- 2 (2 above)
- Bathrooms
- 4 (2 half)
- Storeys
- 2
- Lot size
- 0.063
- Frontage
- 20 feet
- Parking
- 2 spaces
- Annual tax
- $3,954
- MLS®
- X12715988
- Board
- Kingston
- Status
- Inactive
- Listed
- Jan 21, 2026
- Updated
- May 12, 2026
Features & finishes
Appliances
- Washer
- Dryer
Heating
- Forced air
- Electric
Basement
- Full
- Unfinished
Exterior
- Brick
- Stone
Foundation
- Concrete
Parking
- No Garage
Lot
- Irregular lot size
- Level
- Carpet Free
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Views
- City view
Financing
Estimated monthly payment
$3,273/mo
Loan amount
$559,920
Down payment
$139,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Kingston
Nearby
About the area
Census · K7R- 15,480
- Population
- 50
- Median age
- $77,000
- Median income
- $400,000
- Median home value
- 70%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 48 DUNDAS STREET E?
48 DUNDAS STREET E is listed for $699,900, in Kingston.
How many bedrooms and bathrooms does 48 DUNDAS STREET E have?
It offers 2 bedrooms and 4 bathrooms (including 2 half-baths).
What type of home is 48 DUNDAS STREET E?
48 DUNDAS STREET E is a Single Family, Residential Commercial Mix set over 2 storeys.
How large is 48 DUNDAS STREET E?
The home offers a lot measuring 0.063.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,273. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,954 per year.
Is there parking?
Yes — 48 DUNDAS STREET E includes 2 parking spaces.
What is the Kingston area like?
Kingston has a population of about 15,480, a median age of 50, a 70% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Kingston?
The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.
What is the median household income in Kingston?
The median household income in this area is approximately $77,000.
Similar residences
Comparable Residential Commercial Mix near Kingston at a similar price.
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