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Renanza Realty
For sale

1522 LILLIAN AVENUE

Windsor, Ontario

MLS® 26023851

$499,900

Status
Active
Property type
House
MLS® number
26023851
Bedrooms
6
Bathrooms
3
Year built
2020

Listing description

WELCOME TO 1522 LILLIAN STREET, A FANTASTIC INVESTMENT OPPORTUNITY FEATURING TWO TENANTED LIVING SPACES AND STRONG EXISTING RENTAL INCOME. THIS SPACIOUS 2-STOREY HOME OFFERS A FUNCTIONAL AND VERSATILE LAYOUT, MAKING IT AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. THE MAIN/UPPER UNIT FEATURES A BRIGHT OPEN-CONCEPT LIVING AND DINING AREA, 4 GENEROUSLY SIZED BEDROOMS LOCATED ON THE UPPER LEVEL, AND 1.

5 BATHROOMS, PROVIDING PLENTY OF SPACE FOR COMFORTABLE EVERYDAY LIVING. THE LOWER LEVEL OFFERS AN ADDITIONAL 2 BEDROOMS AND 1 FULL BATHROOM, CREATING A SEPARATE LIVING SPACE WITH GREAT INCOME POTENTIAL. BOTH UNITS ARE CURRENTLY TENANTED, WITH THE MAIN UNIT RENTED FOR $2,500 PER MONTH AND THE LOWER LEVEL RENTED FOR $1,500 PER MONTH, PROVIDING A COMBINED RENTAL INCOME OF $4,000 PER MONTH.

AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING FOR AN INCOME-PRODUCING PROPERTY WITH TENANTS ALREADY IN PLACE. WHETHER YOU'RE LOOKING TO EXPAND YOUR EXISTING PORTFOLIO OR STEP INTO THE INVESTMENT MARKET!

Property summary

MLS® number
26023851
Property type
Single Family
Building type
House
Title
Freehold
Land size
94.31 X 30.12 FT / 0.065 AC
Built in
2020
Days on market
0 days

Features & details

Heating
Forced air, Natural gas, Furnace
Cooling
Central air conditioning
Flooring
Laminate, Ceramic/Porcelain, Cushion/Lino/Vinyl
Appliances
Washer, Refrigerator, Stove, Dryer
Exterior features
Aluminum/Vinyl
Lot features
Side Driveway

What would this home cost you?

Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX CAPITAL DIAMOND REALTY, 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.