
Multi-Family For Sale
$1,100,000
MLS® Number: X12956576
Floor Area
8,202
Multi-Family For Sale
$1,100,000
Floor Area
8,202
33 LAKESHORE DRIVE, South Dundas, Ontario
About This Property
Well-maintained 6-unit investment property located in Morrisburg, featuring five bright 2-bedroom units and one 1-bedroom unit. Each unit offers comfortable living space with functional layouts, appealing to a wide range of tenants. The building includes on-site laundry for added convenience. Situated in a desirable and growing community, this property presents a solid opportunity for investors seeking steady income with long-term potential and upside. The property generates a current gross income of $92,376 with a net operating income (NOI) of $71,626, reflecting a strong cap rate of 6.51%.Please see attachment for detailed rent roll, income, and expense information.
Property Details
Interior Details
Appliances
Dryer, Two Washers
Cooling
None
Heating
Forced air, Natural gas
Living Area
8202 sqft
Building & Exterior
Building Area Total
8202.09
Building Area Units
square feet
Land & Location
City Region
701 - Morrisburg
Frontage Length
50.0 feet
Lot Size Dimensions
Bldg=50 x 150 FT
Postal Code
K0C1X0
Listing & Financials
Listing Office
LOTFUL REALTY
Originating System Name
Ottawa Real Estate Board
Other Specifications
Country
Canada
Listed By
LOTFUL REALTY
Mortgage Calculator
Estimated Monthly Payment
$5,404
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$5,404
Principal and interest only. Actual rates may vary.