Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of 701 - Morrisburg. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,100,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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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Lake/Pond, School, School Bus Route
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 33 lakeshore Drive, South Dundas, ON K0C 1X0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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