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33 lakeshore Drive, South Dundas, ON K0C 1X0

South Dundas, ON, K0C 1X0 · 701 - Morrisburg

11 Beds
6 Baths
Sq Ft
4 Parking
Multiplex Type
X12956578 MLS#

About this property

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.

Features & Amenities

  • Basement: Partially Finished, Separate Entrance
  • Garage: None
  • Cooling: None
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2 1/2 Storey
  • Construction: Brick, Wood
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Multiplex
Architectural Style 2 1/2 Storey
Bedrooms 11
Bathrooms 6
Basement Partially Finished, Separate Entrance
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling None
Sewer Sewer
Annual Tax $4,127
Tax Year 2025

Interior Features

Interior Features
Separate Hydro Meter

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2 1/2 Storey
Construction Materials
Brick, Wood
Foundation Details
Stone
Roof
Asphalt Shingle
Basement
Partially Finished, Separate Entrance

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
None

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
150.00
Lot Width
50.00

Community & Neighborhood

Property Features
Lake/Pond, School, School Bus Route

Financial & Tax

Tax Annual Amount
$4,127
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
23
Kitchens Above Grade
6
Kitchens Total
6
Bedrooms Above Grade
11

Additional Details

Occupant Type
Tenant
Direction Faces
South
County Or Parish
Stormont, Dundas and Glengarry
Cross Street
South from Ottawa (Bank St/Hwy 31) to Morrisburg - proceed through traffic circle and west on Lakeshore. SP on South side of Lakeshore.
Directions
South from Ottawa (Bank St/Hwy 31) to Morrisburg - proceed through traffic circle and west on Lakeshore. SP on South side of Lakeshore.
Special Designation
Unknown
Showing Requirements
Lockbox, Showing System

Location

33 lakeshore Drive, South Dundas, ON K0C 1X0, South Dundas, ON, K0C 1X0

Listing courtesy of LOTFUL REALTY
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