540 Notre Dame

For Sale New 7 Days
$1,399,999
beds
baths

540 Notre Dame

For Sale New 7 Days
$1,399,999
beds
baths

Highlights

Key insights

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 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:63267)

CHRISTOPHER TOLDO of REMAX CAPITAL DIAMOND REALTY,
#25022826
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Electric, natural gas
  • Heat type
    Baseboard heaters, forced air, furnace
Exterior
  • # total stories
    2
Interior
  • Flooring
    Carpeted, ceramic/porcelain, laminate
Location
  • Directions
    2055026
Overview
  • Lot size (acres)
    0.0
  • Listing #
    25022826
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28834823/540-notre-dame-lakeshore
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,733

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25 Years fixed, 20% down payment, % interest
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