Description

MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-VISIBILITY WINDSOR LOCATION! FEATURING 3 RESIDENTIAL UNITS PLUS 1 COMMERCIAL SPACE, THIS PROPERTY OFFERS EXCELLENT POTENTIAL FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO OR ADD VALUE OVER TIME. THE PROPERTY FEATURES A FENCED REAR PARKING LOT WITH AMPLE ON-SITE PARKING AND IS ZONED CD2.2, ALLOWING FOR A VARIETY OF PERMITTED USES. WITH STRONG LONG-TERM UPSIDE AND OPPORTUNITIES TO ENHANCE THE PROPERTY, THIS IS AN EXCELLENT INVESTMENT IN A GROWING AREA. (id:66096)

Property Details

MLS®: 26024144
Property Type: Industrial
Business Type: Residential
Zoning: CD2.2
Lot Size: 30 × 129 ft (3,855 sq ft)
Heating: Baseboard heaters, Electric
Ownership: Freehold
Listed: 34 days ago

Features

Flooring: Laminate, Ceramic/Porcelain, Cushion/Lino/Vinyl
Lot Features: Corner Site

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Windsor listings, avg age

69d

List price

$349K

Haho

This industrial in Windsor has been listed for 34 days, which is 35 days fresher than the city average of 69. Act while there is still low competition.

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Area context

Neighbourhood profile (N9A)

This home lists at $349,000, about 7.7× the local median household income of $45,200.

Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — roughly 51% 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)

$349,000

For sale

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Financing

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939 WYANDOTTE Street East, Windsor - Industrial for Sale