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 | X12956576 |
| Property Type | Multi-family |
| Community Name | 701 - Morrisburg |
Building
| Appliances | Dryer, Two Washers |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 8202.09 Sqft |
| SizeInterior | 8202 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 150 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | Bldg=50 X 150 Ft |
| SizeTotalText | Bldg=50 X 150 Ft |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/29557478/33-lakeshore-drive-south-dundas-701-morrisburg
Get 20+ years of home-buying secrets I’ve used with over 500 clients, so you can get your dream home for the price you want
Access For FreeInterested?
Contact us for more information about this listing.
"*" indicates required fields
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 30 2026 04:25:04
Lotful Realty