70 Dundas St W

Napanee

70 Dundas St W
70 Dundas St W
70 Dundas St W
+36
11
 bed
7
 bath
7
 parking
3500 - 5000
 sqft
Multiplex
Sold conditional
Listed for 
$785,000
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Sold conditional
Listed for 
$785,000
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Size
-
Lot size
634.34 sqm
Street frontage
S
Possession
Flexible
Price per sqm
$1,688 - $2,415
Taxes
$8,929 (2024)
Parking Type
-
Style
2-Storey
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Description
Discover a unique investment opportunity with this well-maintained legal non-conforming 7-plex, boasting a history of steady occupancy and satisfied residents. Currently, all tenants are aged 55+, fostering a peaceful and mature community. Each unit is rented on a month-to-month basis. This property has return on investment with a projected rental income of $82,596 per year and current expenses of $23,033.54 (2023). Conveniently, it offers seven parking spots and an outbuilding for additional storage, catering to tenant needs. Two units are intentionally kept vacant, offering immediate potential for new tenants or renovation. Owned by the same individual since 1998, the building has been meticulously cared for and upgraded over the years. Detailed floor plans, a comprehensive list of upgrades, and a breakdown of expenses and rents are available upon request. Don't miss out on this rare opportunity to own a multi-family property in a desirable location.

EXTRAS:
Broker: RE/MAX HALLMARK FIRST GROUP REALTY LTD.
MLS®#: X9039453
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
325-465 sqm
Lot front:
24.69 M
Lot depth:
25.6 M
Listed on:
Jul 16, 2024
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Instant estimate:
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$60,752
lower than listed price
i
High
$770,778
Mid
$724,248
Low
$704,546
Renee Didiano
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9039453
Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

About 70 Dundas St W

70 Dundas St W is a Napanee multiplex for sale right off Centre Street South, West on Dundas, Located on Corner of Dundas and West Street. It has been listed at $785000 since July 2024. This 3500-5000 sqft multiplex has 11 beds and 7 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.