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    For Sale - 33 lakeshore Drive, South Dundas, Ontario

    Est payment $5,282/mo
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    Views   3
    Time on Jump  93 day

    AI Summary *

    • Well-maintained 6-unit property ideal for investment in a growing community.
    • Five bright 2-bedroom units and one 1-bedroom unit available.
    • Each unit features comfortable living space and functional layouts.
    • On-site laundry adds convenience for residents.
    • Stabilized revenue reflects strong income potential for investors.




    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. Stabilized revenue of 9. 7k/month, annual income of $116. 2k with a net operating income (noi) of $105k, reflecting a strong cap rate of 9. 5%. Please see attachment for detailed rent roll, income, and expense information.
    Listing IDX12956578
    Address33 lakeshore Drive
    CitySouth Dundas, Ontario
    Price$1,100,000
    Bed / Bath11 / 6 Full
    Style2 1/2 Storey, Multiplex
    ConstructionBrick, Wood
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterAmenities Lake/Pond, School, School Bus RouteOwnership FreeholdBasement Partially Finished, Separate EntranceFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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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
    11 6 $1,100,000
    Get more info