Description

Prime location and excellent rental income for this mixed unit commercial and residential building! Features main-floor commercial (2 spaces combined), 2 upper large 2 bedroom residential units, and a workshop. Fully tenanted on a month-to-month basis, and tenants pay hydro. Steam boiler for heat, separate hydro meters, rear parking, updated shingles. Gross income $79,224, expenses for water, natural gas, insurance, and taxes at $20,024, for an NOI of $59,200! CD2.2 zoning allows for many uses. Call for more details today! (id:66096)

Property Details

MLS®: 26024122
Property Type: Industrial
Business Type: Residential
Zoning: CD2.2
Lot Size: 5,750 sq ft (0.13 ac)
Heating: Radiant heat, Steam radiator, See Remarks
Ownership: Freehold
Listed: 34 days ago

Market Timing

Days on market

34d

Windsor listings, avg age

68d

List price

$900K

Haho

This industrial in Windsor has been listed for 34 days, which is 34 days fresher than the city average of 68. Act while there is still low competition.

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Area context

Neighbourhood profile (N9A)

This home lists at $899,900, about 19.9× the local median household income of $45,200.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 289% above the area median.

Median household income: $45,200
Population: 26,107
Median age: 38.8
Owner / renter: 30% / 70%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA N9A)

$899,900

For sale

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Financing

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1276-1282 Wyandotte Street East, Windsor - Industrial for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N9A)

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