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$999,999

Windsor ON, N9A 4J5

MLS® # 25015962

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: crea_ddf_buildingtype28*
  • Amenities: Shopping Area
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Flooring Type: Hardwood, Laminate
  • Foundation Type: Concrete
  • Heating Type: Forced air, Heat Pump
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: X
  • Zoning: CD3.2
  • Parking Type: Other
  • No. of Parking Spaces: 12

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bathroom 3rd Level Measurements not available
  • Kitchen 3rd Level Measurements not available
  • Bedroom 3rd Level Measurements not available
  • Bathroom Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Living Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Foyer Main Level Measurements not available

Courtesy of: REMAX CARE REALTY

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 961 OUELLETTE AVENUE, Windsor, Ontario, N9A 4J5

Demographic Information of 961 OUELLETTE AVENUE, Windsor, Ontario, N9A 4J5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$57,593.71

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

30.31 %

High school certificate or equivalent

37.02 %

Apprenticeship trade certificate/diploma

5.01 %

College/non-university certificate

14.63 %

University certificate (below bachelor)

0.44 %

University Degree

12.59 %

Commuter

Travel To Work

By Car

82.89 %

By Public Transit

6.97 %

By Walking

6.36 %

By Bicycle

0.0 %

By Other Methods

3.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

71.58 %

Houses

28.42 %

Own Vs. Rent