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$ 499,000
Est. payment | /mo
4 Beds
4 Baths
$ 499,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
MLS® Listing ID X13065610
Bedrooms 4
Half Baths 2
Property Description
Turn-Key Front/Back Duplex Downtown. Exceptional investment opportunity on a corner lot!! This well-maintained front-back duplex offers two spacious units, each featuring two bedrooms across two levels, providing comfortable and functional living spaces for tenants or owner-occupants alike. Both units come with full, owned appliances (nothing rented), and the property benefits from a recently updated roof, offering peace of mind and reduced maintenance costs for years to come. Each tenant is responsible for all their own utilities, keeping operating expenses low and predictable. The rear unit is currently rented at $1,700/month (FMV), while the front unit is rented at $1,000/month with pro-forma market rents estimated at $1,600/month. For buyers looking to owner-occupy, it is possible to pursue vacant possession for personal use with N12 (buyer to verify requirements directly), live in the front unit, and enjoy strong market rents from the rear. Listed at an attractive 5.8% CAP rate, this property stands out as one of the best value opportunities in the area-ideal for investors, partial owner-occupiers, and anyone seeking solid cashflow in an income-generating duplex. Don't miss your chance to secure a strong cash-flowing property in a prime Windsor location! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 2.05 m X 1.96 m Bathroom
Extra Room 2 Second level 5.04 m X 2.71 m Primary Bedroom
Extra Room 3 Second level 5.03 m X 2.64 m Bedroom
Extra Room 4 Second level 2.03 m X 1.99 m Bathroom
Extra Room 5 Second level 5.02 m X 2.67 m Primary Bedroom
Extra Room 6 Second level 4.99 m X 2.67 m Bedroom
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 1
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/406_glengarry_ave_windsor_on
Listed by ROBIN HOOD REALTY LIMITED
NEARBY SCHOOL & BUSINESS