33 Lakeshore Drive
About this home
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 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. (id:28469)
Facts & features
Property
- MLS® Number
- X12956578
- Property Type
- Multi-family
- Community Name
- 701 - Morrisburg
- Amenities Near By
- Schools
- Community Features
- School Bus
- Parking Space Total
- 4
Building
- Bathroom Total
- 6
- Bedrooms Above Ground
- 11
- Bedrooms Total
- 11
- Amenities
- Separate Electricity Meters
- Appliances
- Dryer, Stove, Two Washers, Refrigerator
- Basement Development
- Partially Finished
- Basement Features
- Separate Entrance
- Basement Type
- N/a (partially Finished), N/a
- Cooling Type
- None
- Exterior Finish
- Brick, Wood
- Foundation Type
- Stone
- Heating Fuel
- Natural Gas
- Heating Type
- Forced Air
- Stories Total
- 3
- Size Interior
- 3,500 - 5,000 Sqft
- Type
- Other
- Utility Water
- Municipal Water
Parking
- No Garage
- —
Land
- Acreage
- No
- Land Amenities
- Schools
- Sewer
- Sanitary Sewer
- Size Depth
- 150 Ft
- Size Frontage
- 50 Ft
- Size Irregular
- 50 X 150 Ft
- Size Total Text
- 50 X 150 Ft
- Surface Water
- Lake/pond
- Zoning Description
- R2
Monthly payment estimate
- Mortgage amount
- —
- Total interest
- —
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Location
33 Lakeshore Drive, South Dundas, Ontario K0C 1X0 · Get directions
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July 01 2026 12:33:54
Ottawa Real Estate Board
Lotful Realty