$350,000
Est. payment $1,550/moCalculate yours
14 Gibson Lane, South Dundas, ON K0C 1X0
701 - Morrisburg, South Dundas, ON K0C 1X0
- 2 Beds
- 2 Baths
- 700 Sq Ft
Listing courtesy of EXIT REALTY MATRIX MLS® X14080890
About this home
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.
Property details
Overview
- Property Type
- Duplex
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 21.27 x 100.87 Feet
- Parking
- Detached garage · 6 total
- Zoning
- R2
Financial
- Property Taxes
- $1,733 (2026)
Location
- Neighbourhood
- 701 - Morrisburg
- Cross Street
- Ottawa Street / Lakeshore Drive
- Direction Faces
- East
Listing
- MLS® Number
- X14080890
- Days on Market
- 3
- Listed On
- 2026-10-15
- Possession
- Flexible
- Listed By
- EXIT REALTY MATRIX
Rooms
Features
Interior
- None
- Separate Hydro Meter
- Storage
Property
- Cul de Sac/Dead End
- Marina
- Golf
- Park
- Place Of Worship
Pool
- None
Mortgage calculator
Estimated mortgage payment
$1,550 per month
- Principal and interest
- $1,550
- Property tax
- $144
- Condo fees
- $0
- Estimated monthly cost
- $1,694
Your mortgage
- Mortgage amount
- $280,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $184,917
Cash to close
- Down payment
- $70,000
- Land transfer tax
- $3,725
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $73,725
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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