41 Dundas Street East

Discover the perfect blend of modern living and investment potential with this exceptional 7-unit property in the heart of Napanee. Located in a highly desirable downtown area, this multi-residential gem offers easy access to charming shops, essential services, and the scenic beauty of Napanee’s riverside trails.

This property features six recently updated one-bedroom apartments and one commercial unit on the ground floor, offering a balanced mix of residential and commercial opportunities with market-rate rents. With a Net Operating Income (NOI) of $92,633.29 and a List Price of $1,325,000, this property offers a Cap Rate of 6.99%, making it an attractive investment with solid returns.

There are convenient parking options with both street and onsite availability, ensuring ease for tenants and visitors. Situated just steps away from all that downtown Napanee has to offer, this property is highly attractive to prospective tenants seeking lifestyle and convenience.

This property isn’t just about its current appeal—it’s a gateway to the thriving multi-residential market in Napanee. With all residential units updated and leased at market rents, this property offers a stable and growing income stream. The well-maintained residential spaces and prime commercial unit ensure strong rental rates, high occupancy, and low turnover.

Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 7-unit property is a strategic addition that promises long-term growth and stability.

Don’t miss out on this rare opportunity to secure a property with excellent potential in one of Napanee’s most sought-after areas.