Listed for:Listed Sep 18, 2026
$760,000

49/51 Bridge Street W

Greater Napanee, ON K7R 2C4

Multiplex For Sale
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Sale & Price History for 49/51 Bridge Street W, Greater Napanee, Greater Napanee

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 49/51 Bridge Street W, Greater Napanee, Greater Napanee

Summarized Description

  • Unique multiplex with seven rental units.
  • Located near downtown Napanee amenities.
  • Six units currently occupied by tenants.
  • Projected income of $105,744 annually.
  • 7.73% cap rate based on asking price.
  • Recent upgrades include roofs and siding.
  • R4 zoning allows for various uses.
  • 48 hours' notice required for showings.

Unique seven (7) unit multiplex located within walking distance of downtown Napanee amenities. This income-producing property is attached but separately deeded, with all information provided in this listing representing the combined details of both parcels. 49 Bridge St W consists of 3 units, while 51 Bridge St W consists of 4 units. All seven units are currently tenant-occupied with long-standing tenants. Rental amounts reflect the most recent rental increases, and there are no separate meters; all rents are inclusive. Based on full occupancy, the property generates approximately $105,744 in gross annual income, with an estimated net operating income of $58,729/year and an approximate 7.73% cap rate based on the $760,000 asking price. The property features hot water boiler heating (2012), metal roofing on one portion (2018), a new asphalt shingle roof (2026), and vinyl siding (2021). R4 zoning; permitted uses and zoning information are available upon request. 48 hours' notice is required for all showings. Income and expense sheet and a recent building inspection are available upon request.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,803
Land Transfer Tax Fee
$11,675

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Golf, Hospital, Park, Place Of Worship, Rec./Commun.Centre, School

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Metal, Shingles
Foundation Details
Slab, Stone
Special Designation
Unknown

Lot

Lot Front
82.95 ft
Lot Depth
134.90 ft

Inclusions

Inclusions
7 Refrigerators, 7 Stoves, 2 Hot Water Tanks

Exclusions

Exclusions
All Tenant Belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
9
Washrooms
7
Kitchens
7

Washrooms

  • 4-piece

Municipality
Greater Napanee
Neighbourhood
Greater Napanee
Main cross streets
Centre st W on Bridge
Zoning
R4
Directions
Centre st W on Bridge

MLS® number
X13807912
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-18
Updated on
2026-10-27
Days on market
39 days
Possession type
60-89 days
Co-op commission
2% plus HST
Seller
Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

Home Market Value

Current home valuation for 49/51 Bridge Street W, Greater Napanee, Greater Napanee, Greater Napanee, ON. Listed for $760,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 49/51 Bridge Street W, Greater Napanee, Greater Napanee

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Greater Napanee, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $260,000 over $500K

Minimum down payment

$51,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$28,333$21,204$18,088$0
=Total mortgage
$736,653$705,204$664,088$608,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,597monthly$3,443monthly$3,242monthly$2,969monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,675

Total Land Transfer Tax

$11,675

Around this home

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