1603-1611 UNIVERSITY AVENUE West, Windsor, Ontario, N9B1C3
MLS: 26011408 | House (Freehold)
$599,000
Property Description
EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-DEMAND RENTAL CORRIDOR! THIS RUSTIC PROPERTY OFFERS STRONG INCOME POTENTIAL WITH PROJECTED GROSS ANNUAL INCOME OF APPROX $64,800 ACROSS 4 UNITS. SITUATED ON THE CORNER OF UNIVERSITY AVE. W. AND MCEWAN AVE. THIS MOSTLY BRICK TWO-STOREY BUILDING WITH FULL BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, STRONG RENTAL DEMAND, UPDATED STREET/SIDWALK AND CONVENIENT ACCESS TO PUBLIC TRANSIT. THE MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL OFFICE OR RETAIL USE-ONE CURRENTLY TENANTED, THE OTHER IS OWNER OCCUPIED. SECOND FLOOR CONSISTS OF TWO SELF-CONTAINED 2-BEDROOM RESIDENTIAL UNITS, BOTH FULLY OCCUPIED BELOW MARKET RENTS, PRESENTING FUTURE UPSIDE POTENTIAL. PROPERTY FEATURES INCLUDE A LARGE ASPHALT SURFACE LOT TO ACCOMMODATE 12 PARKING SPACES, NEWER ENERGY-EFFICIENT FURNACE AND CENTRAL AIR FOR THE MAIN FLOOR, NEWER OWNED HOT WATER TANK, NEWER BOILER FOR RADIANT HEAT FOR THE UPPER UNITS. THIS IS AN EXCELLENT OPPORTUNITY TO ADD A VERSATILE INCOME-PRODUCING PROPERTY TO YOUR PORTFOLIO. SELLER MAKES NO REPRESENTATIONS OR WARRANTEES, THE BUYER IS TO COMPLETE THEIR OWN DUE DILLIGENCE.
Quick Facts
- Property Type: House (Freehold)
- Bedrooms:
- Bathrooms:
- Ownership: Freehold
Detailed Features
Interior & Systems
- Heating: Radiant heat, Electric, Natural gas
- Cooling: Air Conditioned
Lot & Land
- Features: Corner Site, Visual exposure
- Zoning: CD2.2
Listing Information
Listing History
MLS listing activity for 1603-1611 UNIVERSITY AVENUE West, Windsor, Ontario, N9B1C3 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
371 Curry, Windsor
House$475,000
Listing Courtesy of JUMP REALTY INC.
175 McEwan AVENUE, Windsor
House$499,000
Listing Courtesy of ROYAL LEPAGE BINDER REAL ESTATE
227 Bridge AVENUE, Windsor
House$524,900
Listing Courtesy of DEERBROOK REALTY INC.
380 PARTINGTON, Windsor
House$485,000
Listing Courtesy of MANOR WINDSOR REALTY LTD.
334 RANKIN AVENUE, Windsor
House$495,000
Listing Courtesy of ROYAL LEPAGE BINDER REAL ESTATE
475 MCKAY AVENUE, Windsor
House$499,500
Listing Courtesy of REMAX PREFERRED REALTY LTD. - 586
530-532 CAMPBELL, Windsor
House$574,900
Listing Courtesy of DEERBROOK REALTY INC.
539 CAMPBELL AVENUE, Windsor
Duplex$579,900
Listing Courtesy of DEERBROOK REALTY INC.
321 RANKIN AVENUE, Windsor
House$494,900
Listing Courtesy of DEERBROOK REALTY INC.
1225 RIVERSIDE DRIVE West Unit# 1103, Windsor
Condo - Apartment$729,900
Listing Courtesy of LC PLATINUM REALTY INC.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
353 Saunders Road 16, Barrie, ON L4N 9A3, Barrie
Industrial$599,000
$5,721/yr taxListing Courtesy of HASSEY REALTY CORP
45 Dalkeith Drive 6, Brantford, ON N3P 1M1, Brantford
Industrial$599,000
$5,605/yr taxListing Courtesy of RIGHT AT HOME REALTY
133 Berriedale Road, Armour, ON P0A 1C0, Armour
Industrial$599,000
$263/yr taxListing Courtesy of CV Real Estate
14 Conway Street, Madawaska Valley, ON K0J 1B0, Madawaska Valley
Industrial$599,000
$8,717/yr taxListing Courtesy of GENTRY REAL ESTATE SERVICES LIMITED
647 Welham Road 15, Barrie, ON L4N 0B7, Barrie
Industrial$599,000
$5,162/yr taxListing Courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY
395 ANCHOR Road Unit# 22, Hamilton
Condo$599,900
$11,379/yr taxListing Courtesy of RE/MAX Real Estate Centre Inc.
238 MacEwan Street, Chatham-Kent, ON N0P 1C0, Chatham-Kent
Industrial$599,900
$1/yr taxListing Courtesy of KELLER WILLIAMS LIFESTYLES
6 George Street, Port Colborne, ON L3K 3S1, Port Colborne
Industrial$599,900
$9,700/yr taxListing Courtesy of ROYAL LEPAGE NRC REALTY
1451 OUELLETTE AVENUE, Windsor
House$599,900
Listing Courtesy of JUMP REALTY INC.
395 Anchor Road 22, Hamilton, ON L8W 0C7, Hamilton
Industrial$599,900
$11,379/yr taxListing Courtesy of RE/MAX REAL ESTATE CENTRE INC.
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
2528 Dougall AVENUE Unit# B, Windsor
Industrial$1,600/mo
Listing Courtesy of DEERBROOK REALTY INC.
2532 Dougall AVENUE, Windsor
Industrial$1,400/mo
1310 OUELLETTE Unit# 5, Windsor
Industrial$1,000/mo
Listing Courtesy of ROYAL LEPAGE BINDER REAL ESTATE
No sold comparables found at this radius. Zoom out on the map to broaden the search area.
No leased comparables found. Rented data requires TRREB DDF integration; the map and search will populate automatically once enabled.
Book a Viewing
1603-1611 UNIVERSITY AVENUE West, Windsor, Ontario, N9B1C3