Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

81 Lakeshore Drive, South Dundas, ON K0C 1X0

4 beds · 2 baths · 1 kitchen · 17+3 rooms · 3 parking spaces · 2000-2500 sq ft · Detached
$999,900
Property tax
$7,322 / year

THE CENTENNIAL COTTAGE at 81 Lakeshore Drive, Morrisburg is a rare Victorian-era brick residence completed in 1875 and offered for sale for the first time in 4 decades. Upon entering, your eyes are immediately drawn through elegant sight lines to the majestic St. Lawrence River. The centre hall showcases a magnificent, curved staircase rising to the second floor. Strategically placed windows flood the home with natural light and allow captivating river views. Rich in Victorian character, the home features generously proportioned rooms, impressive baseboards, and soaring ceilings accented with distinctive crown mouldings. The primary room ceiling heights on the main floor measure approximately 10.6 feet and 9.25 feet on the second level. Above each exterior window is a decorous cast iron relief of a young Queen Victoria, adding architectural charm and historical significance. The former maid's quarters on the on the east side have been thoughtfully converted into an attached garage. Two staircases provide access to the basement, which offers excellent ceiling height and large windows overlooking the river. The property extends to the water's edge and is not subject to an OPG licence. Ideally located within walking or cycling distance to shopping, banks, restaurants, parks, swimming beach, boat launch & dock, medical & detail clinics, golf, curling, arena, library and the renowned Upper Canada Playhouse, this home combines heritage elegance with everyday convenience. A virtual tour, additional interior photographs, aerial drone imagery, and detailed floor plans are available. Upgrades include 37 windows replaced between 2016-2019, garage door replace in 2018, two man doors replaced in 2018-2019, retaining wall and shoreline restoration completed in 2019, new gas furnace installed in 2021, roof shingles replaced & sewer lateral in 2022 & new eavestrough in 2026. Average monthly utility costs are approximately $254 for gas, $74 for hydro, and $97 for water and sewer.

MLS number
X12870366
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
K0C 1X0
Photos
50
185days · this listing
406days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

406 days on the market across 2 listings
This listing shows 185 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Mary-St Cecilia Catholic School
CDSB of Eastern Ontario
Elementary573 m7.0 / 10
70% met the standard
Morrisburg Public School
Upper Canada DSB
Elementary769 m6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in South Dundas174 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$383k$697k$1.01M20252026this home’s asking price
$458klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%97%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d31d63d20252026
35dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in south dundas. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 489 people.

$84,000Median household income
83.7%Own their home
88.4%Detached houses
57.6Median age
8.9%Born outside Canada
17%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35010306 — the few blocks around this address, home to 489 people. It describes the area, not this property.

489Population
51.5Average age
2.3Household size
$107,000Average household income
$84,000Median household income
84%Own their home
16%Rent
0%Condominiums
9%Born outside Canada
17%University degree
$356,000Average home value
7%Low income
20%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9997%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over30%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,9998%
$200,000 and over5%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$199,980 · minimum here is $74,990
$4,427.34per month
Borrowed before insurance$799,920
Total borrowed$799,920
Interest over 25 years at 4.5%$528,282

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$3,370.51per month out of pocket
Rent$1,667.00
Everything it costs to hold$5,037.51
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLDWELL BANKER COBURN REALTY. Listing data provided by the Toronto Regional Real Estate Board.