Realestate

Property Details

1 of 20
$1,100,000
33 lakeshore Drive, South Dundas, ON K0C 1X0
11
6
MLS®X12956578
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Forced Air
Cooling
None
Lot Size
150 x 50 Feet
Approx Age
N/A
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.
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