Property Specs:
Price$999,999.00
CityWindsor, ON
Address961 OUELLETTE AVENUE
Listing ID25015936
FlooringCeramic/Porcelain, Hardwood
Land Size50.19 X 105.34
TypeHouse
StatusFor sale
Extended Features:
Features Corner Site, Visual exposureOwnership FreeholdCooling Central air conditioning, Heat PumpFire Protection Monitored Alarm, Smoke DetectorsHeating Forced air, Heat PumpHeating Fuel Natural gas
Details:
CASH COW IN THE HEART OF WINDSOR! Welcome to 961 Ouellette, the perfect addition to your real estate portfolio. This dynamic multi-family and commercial property features 4 units with a total of 9 bedrooms, plus a bachelor suite on the top floor. The main floor includes a 2-bedroom commercial unit currently set up as residential. Zoned CD3.2, it allows for offices, restaurants, retail, and more—endless possibilities to bring your business ideas to life! The second floor offers a spacious 4-bedroom unit with a separate entrance, while the newly finished lower level features a 3-bedroom unit. All 4 units have separate electrical panels and their own entrances. This solid brick building sits on a fenced lot with 10+ parking spots. With 3 of the 4 units currently vacant, you can set your own rents—income potential exceeds $112,000 annually, delivering a strong cap rate. Live, work, and thrive in this rare investment opportunity. Call the listing agent today to make this property yours! (id:4555)