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—new mega-hospital, Gordie Howe Bridge opening, and Stellantis expansion—all within minutes of this building. Ideal buy-and-hold asset with stable cash flow, upside potential, and strong tenant demand in a fast-developing region. Contact agent for full financials. (id:4069)
Address
1400-1430 SENECA STREET
List Price
$1,950,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
Ontario
Sub-Area
Windsor
Lot Size
119x Sq. Ft.
MLS® Number
25031036
Listing Brokerage
EXP REALTY
Postal Code
N8W1A2
Zoning
MD1.2
Amenities
Laundry Facility
