Edin Taravati
Sales Representative
Homelife Landmark Realty Inc, Brokerage
Independently owned and operated.
7240 Woodbine, Markham, Ontario L3R 1A4
Cell: 647-233-7778Office: 905-305-1600
$1,100,000
Available - For Sale
Listing ID: X12956576
33 lakeshore Drive , South Dundas, K0C 1X0, Stormont, Dundas
| 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. |
| Price | $1,100,000 |
| Taxes: | $4126.97 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 33 lakeshore Drive , South Dundas, K0C 1X0, Stormont, Dundas |
| Postal Code: | K0C 1X0 |
| Province/State: | Stormont, Dundas |
| Directions/Cross Streets: | South from Ottawa (Bank St/Hwy 31) to Morrisburg - proceed through traffic circle and west on Lakesh |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 8202.09 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| LOTFUL REALTY |
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Edin Taravati
Sales Representative
Dir:
647-233-7778
Bus:
905-305-1600
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | South Dundas |
| Neighbourhood: | 701 - Morrisburg |
| Tax: | $4,126.97 |
| Fireplace: | N |
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