531 MILL STREET
Windsor, Ontario
MLS® 26019614
$2,150,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 26019614
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 47Listing description
Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor's most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite.
The building is 11 of 12 units tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants. The building is serviced by a functional boiler heating system.
Twelve new individual hydro meters provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. Assumable 4. 25% fixed mortgage with ~9.
5 years left-offering strong financial advantage in today's rates. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Contact us today!
Property summary
- MLS® number
- 26019614
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Land size
- 90 FT FRONTAGE X N/A / 0.291 AC
- Parking
- Other
- Days on market
- 36 days
Features & details
- Heating
- Radiant heat, Boiler, Natural gas
- Flooring
- Hardwood, Laminate, Other, Cushion/Lino/Vinyl
- Exterior features
- Brick
What would this home cost you?
Based on the $2,150,000 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 MANOR WINDSOR REALTY 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.