Property Info
Exceptional mixed-use investment opportunity in a high-demand rental corridor! This rustic property offers strong income potential with projected gross annual income of approx $64,800 across 4 units. Situated on the corner of university ave. W. And mcewan ave. This mostly brick two-storey building with full basement is zoned cd2. 2 and benefits from excellent visibility, strong rental demand, updated street/sidwalk and convenient access to public transit. The main floor features two commercial units suited for professional office or retail use-one currently tenanted, the other is owner occupied. Second floor consists of two self-contained 2-bedroom residential units, both fully occupied below market rents, presenting future upside potential. Property features include a large asphalt surface lot to accommodate 12 parking spaces, newer energy-efficient furnace and central air for the main floor, newer owned hot water tank, newer boiler for radiant heat for the upper units. This is an excellent opportunity to add a versatile income-producing property to your portfolio. Seller makes no representations or warrantees, the buyer is to complete their own due dilligence. (id:4555)
Property Specs
Listing ID26011408
Address1603-1611 UNIVERSITY AVENUE West
CityWindsor, ON
Price$599,000
Land Size40 X 150 FT
TypeHouse
StatusFor sale
Extended Features
Features Corner Site, Visual exposureOwnership FreeholdCooling Air ConditionedHeating Radiant heatHeating Fuel Electric, Natural gas Date Listed 2026-05-19 18:01:43Days on Market 3
Maggie Chen

Maggie Chen

Broker of Record
519.919.2398
Request More Information
LISTING OFFICE:
Buckingham Realty, Mary Ann Marietti

Contact Maggie

Loading...