46&50 FIFTH Street East, South Dundas | Image 1

46&50 FIFTH Street East

South Dundas, 701 - Morrisburg

  • Commercial

$2,250,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4-10/R4-1

  • Age: No Data

  • Taxes: 11440

  • MLS®#: X9521193

  • Days on Site: 35 Days

  • Added: Sep 24, 2024 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: ENGEL & VOLKERS OTTAWA

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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 95167

  • Area: South Dundas

  • Community: 701 - Morrisburg

  • Availability Date: Immediate

Inside

  • Air Conditioning: Window Unit

Building

  • Heat Type: Radiant

  • Water Supply: Municipal

  • Amps: 100

Parking

  • Covered Parking Spaces: 20

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 51, 54 PL 44 PT 3 & 4, 8R3120; S/T DRB1324E; SOUTH DUNDAS

  • Taxes: $11,440

  • Insurance Fee: 3348

Land

  • Cross Street: County Road #2, Righ

  • Municipality District: South Dundas

  • Parcel Number: 661330058

  • Sewer: Sewers

  • Lot Depth: 102.18 Feet

  • Lot Frontage: 79.9 Feet

  • Zoning: R4-10/R4-1

Additional Media

  • Virtual Tour: https://youriguide.com/46_5th_st_e_morrisburg_on

Commercial Specific

  • Gross Income/Sales: 123104

Map of 46&50 FIFTH Street East, South Dundas
7-8

Seaway Intermediate School

Elementary: Public
11.98 km
JK-6

Chesterville Public School

Elementary: Public
22.50 km
JK-6

Morrisburg Public School

Elementary: Public
0.65 km
JK-6

St Mary's Separate School

Elementary: Catholic
22.50 km
JK-8

St Mary-St Cecilia Catholic

Elementary: Catholic
0.86 km
JK-6

Iroquois Public School

Elementary: Public
11.99 km
9-12

Seaway District High School

Secondary: Public
12.03 km
9-12

North Dundas District High School

Secondary: Public
22.78 km
9-12

Tagwi Secondary School

Secondary: Public
36.71 km
9-12

St. Thomas Aquinas Catholic High School

Secondary: Catholic
41.24 km
9-12

South Grenville District High School

Secondary: Public
33.68 km
9-12

École secondaire catholique Embrun

Secondary: Catholic
41.87 km