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MLS® X12956576
South Dundas, ON
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.
Inclusions
6 fridge, 6 stove, 2 washer, 2 dryer
Broker
LOTFUL REALTY
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Investment
33 lakeshore Drive South Dundas
South Dundas
Type
Investment
Parking
None
Property Tax
~$4,127/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
8202 sqft
Parking
None
Finances
List Price
$1,100,000
Price per SQFT
$134/sqft
Property Tax
~$4,127/yr
Property Specs
Property Type
Investment
MLS Size
8202 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
South Dundas
Listed On
Apr 2, 2026
Days on Market
Current: 219 days
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