540 Notre Dame Lakeshore, ON

$1,399,999

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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 25018424

Address 540 NOTRE DAME

City Lakeshore, ON

Price $1,399,999

Flooring Carpeted

Land Size 52 X 131

Type House

Status For sale

EXTENDED FEATURES

Features SlopingOwnership FreeholdCooling Air ConditionedHeating Baseboard heaters, Forced air, FurnaceHeating Fuel Electric, Natural gas Date Listed 2025-07-21 20:00:43Days on Market 1

226-344-5482

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LISTING OFFICE:

Remax Capital Diamond Realty, Scott Innocente