1603-1611 UNIVERSITY AVENUE West
Windsor, Ontario
MLS® 26023802
$475,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- 26023802
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 16Listing description
MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-DEMAND RENTAL CORRIDOR! THIS 4- UNIT PROPERTY FEATURES A PAVED PARKING LOT AND IS PROMINENTLY SITUATED AT THE CORNER OF UNIVERSITY AVE. W.
AND MCEWAN AVE. THIS MOSTLY BRICK, TWOSTOREY BUILDING WITH FULL BASEMENT IS ZONED CD2. 2 AND BENEFITS FROM EXCELLENT VISIBILITY, STRONG RENTAL DEMAND, UPDATED STREET/SIDEWALK IMPROVEMENTS AND CONVENIENT ACCESS TO PUBLIC TRANSIT.
THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL OFFICE OR RETAIL USE, ONE UNIT IS CURRENTLY OWNER OCCUPIED. THE SECOND FLOOR CONSISTS OF TWO FRESHLY PAINTED SELF-CONTAINED 2-BEDROOM RESIDENTIAL UNITS, NEW OWNER HAS THE FLEXIBILITY TO SELECT TENANTS AND ESTABLISH RENTAL RATES OFFERING EXCELLENT INCOME AND UPSIDE POTENTIAL. PROPERTY FEATURES INCLUDE APPROX.
12 PARKING SPACES, 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND CENTRAL AIR FOR THE MAIN FLOOR, AND OWNED HOT WATER TANK. EXCELLENT OPPORTUNITY TO ADD A VERSATILE INCOME-PRODUCING PROPERTY TO YOUR PORTFOLIO.
Property summary
- MLS® number
- 26023802
- Property type
- Industrial
- Building type
- House
- Title
- Freehold
- Land size
- 40.58 X 152.33 FT
- Days on market
- 0 days
Features & details
- Heating
- Radiant heat, Electric, Natural gas
- Cooling
- Air Conditioned
- Lot features
- Corner Site, Visual exposure
What would this home cost you?
Based on the $475,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of BUCKINGHAM REALTY (WINDSOR) LTD., WINDSOR.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.