540 Notre Dame Lakeshore, Ontario N0R 1A0
$1,399,999
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:47351)
Property Details
| MLS® Number | 25018407 |
| Property Type | Multi-family |
Building
| Amenities | Shopping Area |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum/vinyl, Brick |
| Flooring Type | Carpeted, Ceramic/porcelain, Laminate |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air, Furnace |
| Stories Total | 2 |
| Type | Multi-family |
Parking
| Other | 6 |
Land
| Acreage | No |
| Size Irregular | 52x131 / 0.157 Ac |
| Size Total Text | 52x131 / 0.157 Ac |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/28632754/540-notre-dame-lakeshore
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July 21 2025 05:26:18
Windsor-Essex County Association of REALTORS®
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