33 lakeshore DR, South Dundas, ON K0C 1X0
33 lakeshore DR, South Dundas, ON K0C 1X0
33 lakeshore DR, South Dundas, ON K0C 1X0
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$1,100,000
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33 lakeshore DR South Dundas, ON K0C 1X0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision 701 - Morrisburg

MLS Listing ID X12956576

Annual Tax Amount $4,126

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Area Stormont, Dundas And Glengarry

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 150.0

Others

ParcelsYN No

Listed by LOTFUL REALTY

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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33 lakeshore DR

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