For Sale
16 Lakeshore Drive
701 - Morrisburg, South Dundas, ON
$795,000
6Bd
3Ba
3,250+sqft
8Parking
86.45 x 273.69 ftlot
$245/sqft
DetachedMLS# X12771880Listed 2026-02-09123 DOM
Basement
Unfinished
On the market for 123 days — longer than average. The seller may be open to negotiation.
About this home
Fantastic investment opportunity in the scenic waterfront community of Morrisburg! This triplex sits just steps from the stunning St. Lawrence River and is within walking distance to shops, restaurants, and essential amenities. The property features two tenanted upper units consisting of one cozy 1-bedroom and one spacious 2-bedroom providing immediate rental income. The main floor 2-bedroom unit, complete with a charming sunroom, is currently rented short term but is ideal for an owner-occupied purchase. Situated on an oversized lot, this property also boasts a rare triple-car garage, offering ample storage or rental potential. Whether you're looking to expand your investment portfolio or secure a home with supplementary income, this triplex offers incredible potential in a prime location!
GarageWaterfront
Features
- Primary Bedroom - Main Floor
- Landscaped
- Patio
- Porch Enclosed
- Unfinished
- Partial Basement
- None
- 1 1/2 Storey
Financials
Annual Taxes
$3,400
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield6.8% – 10.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — South Dundas
Days on market123 days
Buyer's MarketSeller's Market
Based on active listings in South Dundas. Data updates daily.
Our estimate for this home
Estimated range
$1.66M – $1.93M
Mid-point $1.79M · ~$551/sqft
How this listing compares
$1.66MList · $795K$1.93M
High confidence·Based on 6963 gta-wide comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
61
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
45
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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