531 MILL STREET, Windsor, Ontario, N9C2R7
MLS: 26007392 | Multi-Family (Freehold)
$2,300,000
Property Description
Welcome to 531 Mill Street. This three-storey, 12-unit brick apartment building sits in one of Windsor's ·most reliable rental corridors near the University of Windsor. The well-maintained property features eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. Currently 11 of 12 units are tenanted, with one vacant bachelor ready to lease-allowing the new owner to set market rent while stepping into a near-stabilized income property. On-site parking offers added convenience for tenants, and the building is serviced by a functional boiler heating system. Twelve new individual hydro meters· provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. An assumable 4.25% fixed mortgage with approximately 9.5 years remaining offers a strong financial advantage in today's rate environment. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Two new rented laundry machines will be installed in the common area with digital payment access for tenants, creating an additional income stream. Contact us today! (id:64974)
Quick Facts
- Property Type: Multi-Family (Freehold)
- Bedrooms: None
- Bathrooms: None
- Ownership: Freehold
- Attached: Yes
Listing Provided by: MANOR WINDSOR REALTY LTD.
Board: Windsor-Essex County Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Radiant heat, Boiler, Natural gas
- Flooring: Hardwood, Laminate, Other, Cushion/Lino/Vinyl
Exterior & Construction
- Exterior: Brick
- Foundation: Concrete
Lot & Land
- Zoning: RD3.1
Listing Information
Listing History
MLS listing activity for 531 MILL STREET, Windsor, Ontario, N9C2R7 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
1046 DOVERCOURT ROAD, Toronto (Dovercourt-Wallace Emerson-Junction)
Multi-family$2,299,988
$7,120/yr taxListing Courtesy of FOREST HILL REAL ESTATE INC.
1131 AVENUE ROAD, Toronto (Yonge-Eglinton)
Other$2,299,900
$9,826/yr taxListing Courtesy of HARVEY KALLES REAL ESTATE LTD.
2430 - 2432 FIRST STREET, Burlington (Brant)
Fourplex$2,299,000
$8,997/yr taxListing Courtesy of SAM MCDADI REAL ESTATE INC.
235 CANICE STREET, Orillia
Other$2,299,000
$10,733/yr taxListing Courtesy of GRANGE HALL REALTY INC.
374 HIGHWAY 8, Hamilton (Stoney Creek)
Other$2,295,000
$4,022/yr taxListing Courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY
883 SOMERSET STREET W, Ottawa
Multi-Family$2,295,000
$14,150/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
374 HIGHWAY 8, Hamilton (Stoney Creek)
Multi-Family$2,295,000
$4,022/yr taxListing Courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY
234, 236 WOODROFFE AVENUE, Ottawa
Fourplex$2,280,000
$6,200/yr taxListing Courtesy of EXP REALTY
59 CONCORD STREET N, Ottawa
Fourplex$2,350,000
$15,509/yr taxListing Courtesy of EXP REALTY
73 RENFREW AVENUE, Ottawa
Other$2,249,999
$14,136/yr taxListing Courtesy of ROYAL LEPAGE INTEGRITY REALTY
424 EAST 42ND Street, Hamilton
Multi-family$2,249,900
$11,139/yr taxListing Courtesy of RE/MAX Escarpment Realty Inc.
42 PARKVIEW HEIGHTS, Aylmer
Multi-Family$2,249,000
$20,347/yr taxListing Courtesy of ADVANCED REALTY SOLUTIONS INC.
455-457 SOMERSET STREET W, Ottawa
Other$2,240,000
$18,979/yr taxListing Courtesy of SLEEPWELL REALTY GROUP LTD
455-457 SOMERSET STREET W, Ottawa
Multi-Family$2,240,000
$18,979/yr taxListing Courtesy of SLEEPWELL REALTY GROUP LTD
1401 KING STREET E, Hamilton (Delta)
Multi-Family$2,225,000
$17,834/yr taxListing Courtesy of REAL BROKER ONTARIO LTD.
Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
No active comparables found in this area.
Sold Comparables
Access to sold property data requires a registered and verified account with TRREB DDF integration.
Coming SoonRented Comparables
Access to rented property data requires a registered and verified account with TRREB DDF integration.
Coming SoonBook a Viewing
531 MILL STREET, Windsor, Ontario, N9C2R7