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$ 389,000
Est. payment | /mo
6 Beds
2 Baths
$ 389,000
Est. payment | /mo
6 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision Windsor
MLS® Listing ID X13555824
Bedrooms 6
Property Sub-Type Freehold
Property Description
Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 4 rooms leased at $600/month. The two additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced * (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Second level 2.7 m X 3 m Bedroom 2
Extra Room 2 Second level 2.7 m X 3.3 m Bedroom 3
Extra Room 3 Second level 3 m X 3.3 m Bedroom 4
Extra Room 4 Second level 3.3 m X 3.7 m Bedroom 5
Extra Room 5 Third level 3.9 m X 4.2 m Bedroom
Extra Room 6 Main level 3.3 m X 3.9 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by RE/MAX PREMIER INC.
NEARBY SCHOOL & BUSINESS