$1,950,000

Investment For Sale In South Walkerville, Windsor, Ontario

$1,950,000

Property Information:

Turnkey 10-unit in a strong B-class rental corridor with a 6.7% cap rate and ~$11,000/month NOI. Eight units are already at or near market rent. Two vacant units offer immediate value-add: both have the square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of 1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational overhead. Windsor’s vacancy rate is under 3% with major growth drivers—new mega-hospital, Gordie Howe Bridge opening, and Stellantis expansion—all within minutes of this building. Ideal buy-and-hold asset with stable cash flow, upside potential, and strong tenant demand in a fast-developing region. Contact agent for full financials. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Amenities: Laundry Facility
  • Exterior Finish: Concrete, Other
  • Flooring Type: Hardwood
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 119x
  • Zoning: MD1.2
  • Parking Type: Other
  • No. of Parking Spaces: 5

Courtesy of: EXP REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.