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$889,000

Windsor ON, N9A 1W8

MLS® # 25025450

Property Information:

Purpose-built fourplex in a prime central Windsor location, this property is an ideal opportunity for investors seeking both immediate income and long-term upside. Featuring four spacious two-bedroom units. Each unit is separately metered for hydro and gas, allowing tenants to pay their own utilities and providing predictable, steady cash flow. Additional conveniences include on-site laundry and one parking space per unit. Situated on a generous corner lot (approx. 50x140), the property includes green space and offers potential for future development (buyer to verify). Professionally managed and well-maintained, it delivers turn-key stability with the added flexibility of development potential. A smart, tenant-friendly asset in a highly accessible location close to amenities, schools, and transit. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Laundry Facility, Shopping Area
  • Exterior Finish: Brick
  • Flooring Type: Flooring Type
  • Foundation Type: Block
  • Heating Type: Boiler
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: X
  • Zoning: RD2.2
  • Parking Type: Other
  • No. of Parking Spaces: 4

Rooms:

  • Cellar/Cold Room Basement Level Measurements not available
  • Utility Basement Level Measurements not available
  • Laundry Basement Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Living Main Level Measurements not available

Courtesy of: JUMP REALTY INC.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 538 Louis AVENUE, Windsor, Ontario, N9A 1W8

Demographic Information of 538 Louis AVENUE, Windsor, Ontario, N9A 1W8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$54,266.18

Average Number of Children

1.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

38.55 %

High school certificate or equivalent

35.14 %

Apprenticeship trade certificate/diploma

5.32 %

College/non-university certificate

11.8 %

University certificate (below bachelor)

1.16 %

University Degree

8.03 %

Commuter

Travel To Work

By Car

80.58 %

By Public Transit

4.71 %

By Walking

8.43 %

By Bicycle

0.0 %

By Other Methods

6.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.4 %

Houses

27.6 %

Own Vs. Rent