$350,000
For sale: Vacant Land

Rare downtown vacant mixed-use lot. CD3.6 zoning permits approximately 24-28 residential units with ground-floor commercial and integrated parking. Maximum 5 storeys (20m height). No variances required. Survey on file. Downtown location with transit access. CBD parking reduction zone (16-space baseline) with parking study opportunity for additional 50% savings per Interim Control By-law 127-2015. Development incentives include: development fee waiver (exemption zone), $50,000 residential development grant, 100% municipal tax increment rebate (5-10 years), facade/retail improvement grants ($20K-30K), covering estimated $445K-785K in soft costs. Strong mixed-use rental play with institutional cap-rate appeal. Freehold, clear title. Buyer is solely responsible for independent verification of all zoning, development assumptions, parking requirements, tax incentives, environmental status, flood zone designation, utilities, and municipal regulations with appropriate City departments and qualified professionals. Seller and Listing Agent make no representations or guarantees regarding any information contained in this listing. All information is believed to be accurate but is not warranted. All development subject to City of Windsor Planning Department approval and municipal permits.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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.
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Detached1620 DROUILLARD ROAD, Windsor