For Sale: 531 Mill Street, Windsor, ON - REW
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$2,179,000
0 bd • ba • sf • Multifamily
531 Mill Street
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$2,179,000
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531 Mill StreetWindsor, ON, N9C 2R7

Sandwich
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor's most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. The building is 11 of 12 units tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants. 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. Assumable 4.25% fixed mortgage with 9.5 years left-offering strong financial advantage in today's rates. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Contact us today! (id:63626)
Listed by: MUSTAPHA SINJARI, Salesperson, MANOR WINDSOR REALTY LTD.

Home facts and features

Price details
List Price
$2,179,000
Get Pre-Approved
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
N/A / 0.291 AC
Title
Freehold
Exterior Finish
Brick
Heating Type
Radiant heat, Boiler, Natural gas
Community
Agent details
Primary Agent
MUSTAPHA SINJARI
Primary Broker
MANOR WINDSOR REALTY LTD.
Secondary Agent
SUHAIL MOHAMED
Secondary Broker
MANOR WINDSOR REALTY LTD.
Listing details
Days on REW
48 Days
Property Views
46
MLS® Number
26012867
Source
Canadian Real Estate Association
Board
Windsor-Essex County Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

General Brock Public School
  • Public
  • JK - 8
Assumption School
  • Catholic
  • 7 - 12
Marlborough Public School
  • Public
  • JK - 8
St John Catholic School
  • Catholic
  • JK - 8
Westview Freedom Academy Secondary School
  • Public
  • 9 - 12
West Gate Public School
  • Public
  • JK - 8
St James Catholic School
  • Catholic
  • JK - 8
É Élém C Saint-Edmond
  • Catholic
  • JK - 8
Lamothe-Cadillac School
  • Public
  • 7 - 12
Dougall Avenue Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
MUSTAPHA SINJARI
Phone:
(226) 787-0577
Cell:
(226) 787-0577
Office:
519-250-8800
Real Estate Agent
SUHAIL MOHAMED
Phone:
(519) 890-6000
Cell:
(519) 890-6000
Office:
519-250-8800
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.