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14 Gibson Lane
homes for sale · South Dundas · Morrisburg
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$350,000

14 Gibson Lane

Morrisburg, South Dundas · MLS® X14080890

226

House · Multi-family · 9 days on market

listed by Nicolas Sigounis, EXIT REALTY MATRIX

realtor's description

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.

property details

type
House, Multi-family
bedrooms
2
bathrooms
2
parking
6
property tax
$1,733 / yr
days on market
9
MLS®
X14080890

features

  • Cul-de-sac

monthly cost

$1,669/mo
Mortgage $1,525 · Tax $144

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,525/ monthly
loan $280,000
25-year amortization
total interest
$177,475
cash to close
$70,000
down payment; transfer tax and fees not included
total paid
$457,475

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Morrisburg, South DundasGoogle Maps ↗

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listed by
Nicolas Sigounis
EXIT REALTY MATRIX
call Nicolas · 613-859-9331
Powered by: REALTOR.ca
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location

Morrisburg, South DundasGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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