50
540 NOTRE DAME
$1,399,999 Sale
Listed 27 days ago
· 0
· 0.0
· 0
· -
Key Facts
Key facts for 540 NOTRE DAME
Property Type
House, House
Parking
Garage: No, 0 parking
MLS #
25018424
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
For sale in Downtown Belle River, 540 Notre Dame is a prime mixed-use investment with value-add potential, offered at $1,399,999. The property includes 6 residential units (4 one-bedrooms, 2 two-bedrooms), 2 renovated commercial spaces (650 & 800 sq ft), and a detached full-brick duplex—all with roo...m for rent increases. Immaculately maintained by owner-management. Current NOI is $81,098 (6.0% CAP) with projected $122,266 (9.1% CAP) through updates and leasing. Several residential units are upgraded, others offer renovation upside. Structurally sound with a roof approx. 8 years old, 8 parking spaces, and free street parking. Ideally located on Notre Dame Street, walkable to shops, restaurants, parks, and the waterfront—this is a rare opportunity in one of Lakeshore’s fastest-growing communities. (id:10452)
Similar Properties (No results)
Listing courtesy of: REMAX CAPITAL DIAMOND REALTY
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.