33 Lakeshore Drive South Dundas, Ontario K0C 1X0
$1,100,000
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 annual income of $96,433 with a net operating income (NOI) of $72,790 , reflecting a strong cap rate of 6.62%.Please see attachment for detailed rent roll, income, and expense information. (id:59524)
Property Details
| MLS® Number | X12956578 |
| Property Type | Multi-family |
| Community Name | 701 - Morrisburg |
| AmenitiesNearBy | Schools |
| CommunityFeatures | School Bus |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 11 |
| BedroomsTotal | 11 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Stove, Two Washers, Refrigerator |
| BasementDevelopment | Partially Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (partially Finished), N/a |
| CoolingType | None |
| ExteriorFinish | Brick, Wood |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 150 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 150 Ft |
| SizeTotalText | 50 X 150 Ft |
| SurfaceWater | Lake/pond |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/29557479/33-lakeshore-drive-south-dundas-701-morrisburg
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April 30 2026 04:25:04
Lotful Realty