victorian home featuring brick siding and a porch Features: lawn, porch More Photos

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    For Sale - 33 lakeshore Drive, South Dundas, Ontario

    Est payment $5,282/mo
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    Views   5
    Time on Jump  47 day

    AI Summary *

    • Well-maintained 6-unit investment property in a growing community.
    • Five spacious 2-bedroom units and one 1-bedroom unit available.
    • Convenient on-site laundry for all tenants.
    • Current gross annual income of $96,433 ensures solid returns.
    • Strong cap rate of 6.62% reflects good investment potential.




    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.
    Listing IDX12956576
    Address33 lakeshore Drive
    CitySouth Dundas, Ontario
    Price$1,100,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  LOTFUL REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    33 Lakeshore Drive
    South Dundas , Ontario
    $1,100,000
    Get more info