14 GIBSON LANE, South Dundas
$350,000
For sale: Multiplex
- Property type
- Duplex
- Bedrooms / bathrooms
- 2 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X14080890
- Neighbourhood
- 701 - Morrisburg
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.
Sold data
Homes in Morrisburg — recent sold market
Homes in Morrisburg took a median of 43 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 65, across 38 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $374,850.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 43
- Median sale price
- $374,850
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 5%
Based on 38 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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