Description

ATTN Investors! 2 legal, low maintenance, historically fully rented turn-key units with high visibility in a long term thriving area. Current combined GROSS Rents are $4,300+Utilities/mth w/annual escalating rent increases. (Landlord pays property taxes $7,287.22 and water $1,100 annually). With approx 2,400 sq ft total plus separate basements, this location and unit make-up will ensure long term success for all portfolio. Full marketing package available upon request. (id:66096)

Market Timing

Days on market

49d

Windsor listings, avg age

69d

List price

$700K

Haho

This industrial in Windsor has been listed for 49 days, which is 20 days fresher than the city average of 69. Act while there is still low competition.

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Area context

Neighbourhood profile (N8X)

This home lists at $699,900, about 11.7× the local median household income of $60,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 128% above the area median.

Median household income: $60,000
Population: 16,457
Median age: 39.2
Owner / renter: 52% / 48%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N8X)

$699,900

For sale

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Financing

Need a commercial mortgage?

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1305-1311 OTTAWA, Windsor - Industrial for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (N8X)

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Need a commercial mortgage?