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$949,000

961 OUELLETTE AVENUE, Windsor, Ontario, N9A 4J5

MLS® # 26012863

Windsor ON, N9A 4J5

MLS® # 26012863

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • 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
  • 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