540 Notre Dame
Lakeshore , ON
$1,399,999 price

Property Info

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 room 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:4555)
Listing ID25018407
Address540 NOTRE DAME
CityLakeshore, ON
Price$1,399,999
ConstructionAluminum/Vinyl, Brick
FlooringCarpeted, Ceramic/Porcelain, Laminate
Land Size52X131 / 0.157 AC
TypeMulti-Family
StatusFor sale

Ownership FreeholdBuilding Amenities Shopping AreaCooling Central air conditioningFoundation BlockHeating Baseboard heaters, Forced air, FurnaceHeating Fuel Electric, Natural gas

Date Listed 2025-07-21 20:00:44Days on Market 8
JUMP FEATURED AGENT
agent

Elica Berry

Realtor®
519.919.4549



Listing Agent:  Christopher Toldo

Listing Agency:  Remax Capital Diamond Realty


LISTING OFFICE:
Remax Capital Diamond Realty, Scott Innocente
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