Baseboard Heaters
$1,750,000
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:63693)
Property Details
|
MLS® Number |
25031036 |
|
Property Type |
Multi-family |
|
Neigbourhood |
South Walkerville |
Building
|
Amenities |
Laundry Facility |
|
Exterior Finish |
Concrete, Other |
|
Flooring Type |
Ceramic/porcelain, Hardwood |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters |
|
Stories Total |
2 |
|
Type |
Multi-family |
Parking
Land
|
Acreage |
No |
|
Size Irregular |
119x |
|
Size Total Text |
119x |
|
Zoning Description |
Md1.2 |
https://www.realtor.ca/real-estate/29164377/1400-1430-seneca-street-windsor
