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$699,900
Status: For Sale
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 Type | :Commercial |
|---|---|
| MLS Number | :X12715974 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Jan, 2026 (14 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Lennox & Addin |
|---|---|
| Postal Code | :
K7R 1H8
|
| Price | : $699,900 |
|---|---|
| Property Taxes | :$3954.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Partial |
|---|---|
| Heating | :Electric Forced Air |
| Cross Street | :Dundas Street East (#48) between East Street and John Street |
| Bathrooms | :4 |
|---|---|
| Fireplace/Stove | :Yes |
21 Jan, 2026
TREB #X12715988
Listed
$699900.0
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