Baseboard Heaters
$1,950,000
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:47351)
Property Details
|
MLS® Number
|
25031036 |
|
Property Type
|
Multi-family |
Building
|
Amenities
|
Laundry Facility |
|
Exterior Finish
|
Concrete, Other |
|
Flooring Type
|
Ceramic/porcelain, Hardwood |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Type
|
Multi-family |
Parking
Land
|
Acreage
|
No |
|
Size Irregular
|
119x |
|
Size Total Text
|
119x |
|
Zoning Description
|
Md1.2 |
https://www.realtor.ca/real-estate/29164377/1400-1430-seneca-street-windsor