
Greater Napanee, ON K7R 1H8
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: $61,647.00/year NOI: 7% 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
TRREB MLS® Attribution
MLS® X13209878
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,296
/month · $540,000 mortgage
Amortization
Total Interest
$448,834
Total Cost
$988,834
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE