2 Bedrooms

2 Bathrooms

700 - 1,100 sqft Interior

6 Parking spaces

21.3 X 100.9 Ft Lot size

1 day ago Listed

Virtual tour Bungalow None Baseboard Heaters

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About this home

Invest in an established income property in a location that offers everyday convenience, simplicity and long term appeal. Situated on a quiet cul de sac just steps from the St. Lawrence River, this fully tenanted, one storey Morrisburg duplex features two one bedroom units and established rental income. The single level layout, manageable one bedroom units, in unit laundry and private parking create a practical, comfortable setup that may appeal to tenants looking for simpler, low maintenance living. The Morrisburg Boat Launch and public dock are approximately 250 metres away, about a four minute walk, with Morrisburg Waterfront Park, the beach, library, curling club, arena, theatre, baseball diamonds, golf course and riverfront walking paths all nearby. Shopping, restaurants, essential services and Highway 401 are also within easy reach, adding to the convenience of the location. For an investor seeking a fully occupied Eastern Ontario duplex with established tenancy, practical one level living and strong access to community amenities, this property offers a straightforward addition to consider for your portfolio. Lease documents and available income and expense information are available through the Listing Representative for review. (id:28469)

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Facts & features

Property

MLS® Number: X14080890
Property Type: Multi-family
Community Name: 701 - Morrisburg
Amenities Near By: Marina, Golf Nearby, Park, Place Of Worship
Equipment Type: None
Features: Cul-de-sac
Parking Space Total: 6
Rental Equipment Type: None
Structure: Deck

Building

Bathroom Total: 2
Bedrooms Above Ground: 2
Bedrooms Total: 2
Amenities: Separate Electricity Meters
Architectural Style: Bungalow
Basement Type: None
Cooling Type: None
Exterior Finish: Vinyl Siding
Foundation Type: Poured Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 1
Size Interior: 700 - 1,100 Sqft
Type: Duplex
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Land Amenities: Marina, Golf Nearby, Park, Place Of Worship
Sewer: Sanitary Sewer
Size Depth: 100 Ft ,10 In
Size Frontage: 21 Ft ,3 In
Size Irregular: 21.3 X 100.9 Ft
Size Total Text: 21.3 X 100.9 Ft
Zoning Description: R2

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $1,550/mo
Ontario land transfer tax: $3,725 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $3,725 back on land transfer tax.

The Morrisburg market

19 Active listings

$375,000 Median asking price

7% below median This home

58 days Avg. time on market

Browse all Morrisburg listings →

Rooms

Ground Level

Living Room 4.12 m x 3.09 m
Kitchen 4.12 m x 2.36 m
Bedroom 2.92 m x 3.25 m
Bathroom 2.92 m x 2.43 m
Living Room 3.76 m x 2.65 m
Kitchen 3.76 m x 2.08 m
Bedroom 2 2.62 m x 2.83 m
Bathroom 2.62 m x 2.16 m

Location

14 Gibson Lane, South Dundas, Ontario K0C 1X0 · Get directions

14 Gibson Lane