Turnkey 10-unit in a strong b-class rental corridor with a 6. 7% cap rate and ~$11,000/month noi. Eight units are already at or near market rent. Two vacant units offer immediate value-add: both have the square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of 1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational overhead. Windsor’s vacancy rate is under 3% with major growth drivers—new mega-hospital, gordie howe bridge opening, and stellantis expansion—all within minutes of this building. Ideal buy-and-hold asset with stable cash flow, upside potential, and strong tenant demand in a fast-developing region. Contact agent for full financials. (id:4555)
Property Specs
Listing ID25031036
Address1400-1430 SENECA STREET
CityWindsor, ON
Price$1,950,000
ConstructionConcrete, Other
FlooringCeramic/Porcelain, Hardwood
Land Size119x
TypeMulti-Family
StatusFor sale
Extended Features
OwnershipFreeholdBuilding AmenitiesLaundry FacilityHeatingBaseboard heatersHeating FuelElectricDate Listed2025-12-05 01:00:55Days on Market10
