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$ 1,950,000
Est. payment /mo
Active
1400-1430 SENECA STREET Windsor, ON N8W1A2
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 25031036
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
Turnkey 10-unit in a strong B-class rental corridor with a 6.7% cap rate and ~$11,000/month NOI. Eight units are already at or near market rent. Two vacant units offer immediate value-add: both have the square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of 1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational overhead. Windsor's vacancy rate is under 3% with major growth drivers—new mega-hospital, Gordie Howe Bridge opening, and Stellantis expansion—all within minutes of this building. Ideal buy-and-hold asset with stable cash flow, upside potential, and strong tenant demand in a fast-developing region. Contact agent for full financials. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Ceramic/Porcelain, Hardwood
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold
Virtual Tour https://www.instagram.com/p/DRx0El4jTur/
Listed by EXP REALTY
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