$2,250,000 FOR SALE

Investment

Lot: 79.9 x 102.18 ft
2023 Taxes: $11,440

46&50 FIFTH St E
South Dundas, ON K0C 1X0 | 701 - Morrisburg | Stormont, Dundas and Glengarry

Discover a remarkable investment opportunity with this custom-built row of 10 bungalow units, perfectly situated in the heart of Morrisburg. Designed with quality, efficiency, & durability in mind, this property boasts a stunning stone exterior & slab-on-grade construction. Each of the 10 units features 1 bedroom plus a den, thoughtfully designed with lovely finishes & ample space, catering to both comfort & functionality. Enjoy the benefits of radiant heating throughout the units, providing a cozy & energy-efficient living environment for tenants. Generous parking options for residents & guests further enhance the property's attractiveness. This custom-built row of bungalows represents a solid investment with excellent return potential. Located in a vibrant community within walking distance of all amenities, the demand for these well-appointed units ensures continued interest from prospective tenants. Don't miss this opportunity to add a valuable asset to your real estate portfolio!

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Listed By ENGEL & VOLKERS OTTAWA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9521193
Last Updated Dec 28, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 661330058
Legal Description PT LT 51, 54 PL 44 PT 3 & 4, 8R3120; S/T DRB1324E; SOUTH DUNDAS
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $11,440
Directions/Cross Streets County Road #2, Right on Pilot Way, Right on Fifth, the property will be on your left side.
Neighbourhood 701 - Morrisburg
Area Stormont, Dundas and Glengarry
Price History
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Detailed Information
Lot 79.9 x 102.18 ft
Air Conditioning Window Unit
Parking Spaces 20
Amps 100
Heat Type Radiant
Gross Income/Sales $127,900
Net Income Before Debt $99,963
Insurance Expense $3,348
Sewers Sewers
Water Municipal
Zoning R4-10/R4-1
Seller Property Info Statement N

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