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 income of $92,376 with a net operating income (NOI) of $71,626, reflecting a strong cap rate of 6.51%.Please see attachment for detailed rent roll, income, and expense information. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Transaction: For sale
- Zoning Description: R2
Building
- Appliances: Dryer, Two Washers
- Cooling: None
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Exterior: 8202.09 sqft
- Size Interior: 8202 sqft
- Type: Multi-Family
- Utility Water: Municipal water
Land
- Size Frontage: 50 ft
- Size Irregular: Bldg=50 x 150 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 33 LAKESHORE DRIVE in South Dundas Ontario. It was last modified on April 4th, 2026. Contact Biju George to schedule a viewing or to discover other South Dundas real estate for sale.