$499,900
For sale: Detached

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!
Sold data
Detached homes in Windsor took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 61, across 57 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $499,900.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 57 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Windsor has 67 Fraser Institute–rated schools (53 elementary and 14 secondary), averaging 5.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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