$2,100,000
For sale: Multiplex

Strong income-producing multi-unit property near the University of Windsor in a high rental demand area. This property features 17 units, including 12 one-bedroom and 5 bachelor units, all currently rented. Generates positive cash flow with a strong cap rate and excellent upside, as several units are below market rent. A great long-term investment close to transit, shopping, and everyday amenities.
Sold data
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 66, across 79 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $499,000.
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 23% of sellers reduced their price before finding a buyer.
Based on 79 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.
Currently for sale

$1,499,000
Multiplex1400-1430 SENECA STREET, Windsor

$2,149,990
Multiplex1811 NORTHWAY AVENUE, Windsor

$2,100,000
Vacant Land3217-3295 BANWELL ROAD Unit# PTS 5-42, Windsor

$2,149,000
Other2656, Windsor

$1,799,000
Other1139-1175 UNIVERSITY AVENUE W, Windsor

$1,890,000
Detached259 COUNTY RD 46, Lakeshore

$1,890,000
Other259 COUNTY RD 46, Lakeshore

$2,500,000
Other340 CROFT, Lakeshore