540 Notre Dame Lakeshore, ON
$1,399,999
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)
PROPERTY SPECS
Listing ID 25018407
Address 540 NOTRE DAME
City Lakeshore, ON
Price $1,399,999
Construction Aluminum/Vinyl, Brick
Flooring Carpeted, Ceramic/Porcelain, Laminate
Land Size 52X131 / 0.157 AC
Type Multi-Family
Status For sale
EXTENDED FEATURES
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 1
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LISTING OFFICE:
Remax Capital Diamond Realty, Scott Innocente
