961 OUELLETTE Avenue
Windsor, Ontario
Industrial
Cash cow in the heart of Windsor! Welcome to 961 Ouellette, the perfect addition to your real estate portfolio. Featuring 4 units with a total of 9 bedrooms and a bachelor suite on the top floor. Main floor boasts a 2 bedroom commercial unit that currently shows as a residential. Zoned Commercial 3.2 that allows uses such as offices, restaurant and retail; endless possibilities to make your business ideas come to life! Live, work and thrive in this dynamic multi family & commercial property! Second floor offers - 4 bedroom unit w/ separate entrance and the recently finished & renovated lower level features another 3 bedroom unit. All 4 units have separate electrical panels and their own. This brick building is fenced in and comes with 10+ parking spots. 3 out of 4 are tenated! Income potential is over $112,000 annually offering a very lucrative cap rate. Cash in and start cashing out right away with your new investment. Call listing agent to make this place yours!
Price History
Community
Postal area N9A
- Population
- 26,107
- Private dwellings
- 14,264
- Median age
- 38.8
- Average household size
- 2
- Median household income
- $45,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Industrial in Windsor · last 12 months
- Median sold price
- $477,500
- Homes sold
- 78
- Median days on market
- 34
- Sale-to-list price
- 97.6%
Based on 78 recorded sales of industrial properties in Windsor over the last 12 months.
Location
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