33 Lakeshore Drive
701 - Morrisburg, South Dundas, K0C 1X0
FOR SALE
$1,100,000

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11
BEDROOMS6
BATHROOMS6
KITCHENS23
ROOMSX12956578
MLSIDContact Us
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. 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.
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Property Features
Lake/Pond, School, School Bus Route, Separate Hydro Meter
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Property Details
Address
33 Lakeshore Drive
Community
City
Postal Code
K0C 1X0
Property Type
Multiplex, Multiplex
Zoning
R2
Lot Size
50' x 150'
Taxes
$4,127 (2025
Basement
Partially Finished, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Lotful Realty
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