V/L HIGH STREET, Windsor, Ontario, N8Y4B2
MLS: 26007625 | No Building (Freehold)
$198,000
Property Description
PRIME RD2.1 ZONED VACANT LAND WITH POTENTIAL FOR UP TO 6 UNITS, IDEAL FOR INVESTORS AND DEVELOPERS TARGETING STRONG CASH FLOW POTENTIAL. LOCATED IN A CONVENIENT, CENTRAL, HIGH-DEMAND RENTAL AREA WITH CLOSE PROXIMITY TO PUBLIC TRANSIT, SHOPPING, AND EVERYDAY AMENITIES. SITUATED WITHIN WINDSOR’S ECONOMIC DEVELOPMENT ZONE, THIS PROPERTY BENEFITS FROM ZERO DEVELOPMENT CHARGES, SAVING APPROXIMATELY $24,000 PER UNIT AND MEANINGFULLY ENHANCING PROJECT RETURNS. ZONING AND SCALE ALIGN WELL WITH CMHC MLI SELECT FINANCING, SUPPORTING HIGH-LEVERAGE, LOW-COST INSURED DEBT AND IMPROVED CASH-ON-CASH METRICS. AN ADDITIONAL 13 FEET OF LOT DEPTH MAY BE AVAILABLE THROUGH PURCHASE OF THE ADJACENT ALLEYWAY, PROVIDING GREATER DESIGN FLEXIBILITY AND DENSITY OPTIONALITY. A RARE INFILL OPPORTUNITY IN A PROVEN, HIGH-ABSORPTION RENTAL MARKET. BUYER TO VERIFY ALL INFORMATION AND COMPLETE THEIR OWN DUE DILIGENCE. (id:64974)
Quick Facts
- Property Type: No Building (Freehold)
- Bedrooms: None
- Bathrooms: None
- Ownership: Freehold
Listing Provided by: REMAX CAPITAL DIAMOND REALTY
Board: Windsor-Essex County Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Lot & Land
- Zoning: RD2.1
Listing Information
Listing History
MLS listing activity for V/L HIGH STREET, Windsor, Ontario, N8Y4B2 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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V/L HIGH STREET, Windsor, Ontario, N8Y4B2