$949,999
For sale: Multiplex

ABSOLUTELY IDEAL owner occupied (residential and/or commercial) investment opportunity with long term cash flow and an attractive upside! VERY unique 5 unit Res/Com mix building comprised of approx. 8,000sqft + full basement! The residential units are oversize and a must see offering 2 x 2 bed 1 bath w/vaulted loft ceilings, skylights throughout, large kitchens, in-suite laundry, rear sun room and more! The building offers a great mix of open concept layouts, sqft options and LOADS of storage appealing to various tenant types. Historically fully leased w/separate meters and services. Current revenue is apprx.$67,787 gross (tenants pay hydro + gas) with viable projections of $105k+ upon full occupancy. Pillette Village area offers free parking and AAA business presence such as McDonald, Shoppers and is a stones throw away to Riverside Dr (Peace Fountain and Condos). Great opportunity with a high probability for growth. Detailed financial/marketing package available upon request.
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 57, across 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 $494,450.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 72 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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