33 lakeshore DR, South Dundas, ON K0C 1X0
33 lakeshore DR, South Dundas, ON K0C 1X0
33 lakeshore DR, South Dundas, ON K0C 1X0
20
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$1,100,000
Est. payment /mo
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11 Beds
6 Baths
Active

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 Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 701 - Morrisburg

MLS Listing ID X12956578

Style 2 1/2 Storey

Bedrooms 11

Annual Tax Amount $4,126

Tax Year 2025

Property Sub-Type Multiplex

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

Rooms

Family Room No

Basement Partially Finished, Separate Entrance

Kitchen 6

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 150.0

Total Parking Spaces 4

Building

Unit Features Lake/Pond,School,School Bus Route

Foundation Stone

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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