Ottawa Realtor Michele Xu

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33 LAKESHORE DRIVE

South Dundas, Ontario K0C1X0

$1,100,000 for sale

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MLS®:
X12956578
Contract Days:
23
Community:
Ownership:
Property Type:
R2 Other
Total Size:
50 x 150 FT
Built Date:
Parking:
4
Bedrooms:
11+
Bathrooms:
6
Interior Features
Construction Style:
Total Stories:
2.5
Total Bedrooms:
11
Bedrooms Above Ground:
11
Bedrooms Below Ground:
Total Bathrooms:
6
Whole Bathrooms:
6
Half Bathrooms:
Basement Type:
N/A (Partially finished), N/A
Basement Development:
Partially finished
Appliances:
Dryer, Stove, Two Washers, Refrigerator
Exterior Features
Built Date:
Exterior Finish:
Brick, Wood
Foundation Type:
Stone
Utitilies
Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
None
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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