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$ 1,750,000
Est. payment /mo
Price Dropped by $200K
1400-1430 SENECA Street Windsor, ON N8W 1A2
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 9 - 12 Unit
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25031036
Construction Status Unknown
Annual Tax Amount $18,532
Tax Year 2025
Property Sub-Type 9 - 12 Unit
Source WESC
Property Description
Turnkey 10-unit in a strong B-class rental corridor with a 6.7% cap rate and ~$11,000/month NOI. Eight
units are already at or near market rent. Two vacant units offer immediate value-add: both have the
square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of
1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational
overhead. Windsor's vacancy rate is under 3% with major growth drivers.
units are already at or near market rent. Two vacant units offer immediate value-add: both have the
square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of
1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational
overhead. Windsor's vacancy rate is under 3% with major growth drivers.
Location
Province ON
Zoning MD1.2
Interior
Heating Baseboard Heaters
Cooling Baseboard Heaters
Flooring Ceramic or Porcelain, Hardwood or Engineered Hrwd
Inclusions 10 fridges, 10 stoves, washer, dryer
Exterior
Roof Type Other, See Remarks
Building
Foundation Other, See Remarks
Sewer Sanitary
Construction Status Unknown
Listed by EXP REALTY