1747-1767 UNIVERSITY AVENUE W
Windsor, Ontario
MLS® X14124258
$4,650,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14124258
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 40Listing description
Marla Manor presents an exceptional opportunity to acquire a 34-unit mixed-use asset in Windsor's University District. This five-storey, elevator-served building features 32 residential suites plus 2 street-front commercial units, with a suite mix of 1x bachelor, 10x 1 bed, 17x 2 beds and 4x 3 beds. The property offers strong in-place income today, complemented by meaningful value-add potential.
With six current vacancies available for lease-up and additional rental upside across the existing portfolio, a purchaser has the opportunity to grow income while acquiring an already established and performing asset. Marla Manor has benefited from significant capital investment over the years, including exterior brick, window and roof-ledge waterproofing, upgraded fire alarm system, backflow and water-valve replacements, and continued suite improvements. Additional features include a 20-space underground parking garage, coin laundry, buzzer entry, and security cameras.
Ideally positioned minutes from the University of Windsor and Ambassador Bridge, with transit, retail and everyday amenities nearby, the property offers a compelling combination of scale, location, current income and future upside.
Property summary
- MLS® number
- X14124258
- Property type
- Multi-family
- Building type
- Multi-Family
- Land size
- 0.288 acres
- Annual property taxes
- $74,257.17
- Parking
- 20 spaces · Underground
- Days on market
- 3 days
Features & details
- Heating
- Baseboard heaters
- Cooling
- None
- Appliances
- Washer, Dryer
- Lot features
- Elevator
What would this home cost you?
Based on the $4,650,000 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 RE/MAX MILLENNIUM REAL ESTATE, WOODBRIDGE.
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.