10
See all 10 photos
$499,900
Est. payment /mo
Active
1603-1611 UNIVERSITY Avenue West Windsor, ON N9B 1C3
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial, Single Family Home
Sub Type Investment Property,Office(s),Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26014555
Construction Status Unknown
Annual Tax Amount $8,275
Tax Year 2025
Property Sub-Type Investment Property,Office(s),Residential
Source WESC
Property Description
EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN A HIGH-DEMAND RENTAL
CORRIDOR! STRONG INCOME POTENTIAL WITH PROJECTED GROSS ANNUAL INCOME OF
APPROXIMATELY $64,800 ACROSS 4 UNITS. SITUATED ON THE CORNER OF UNIVERSITY
AVE. W. AND MCEWAN AVE. THIS MOSTLY BRICK TWO-STOREY BUILDING WITH FULL
BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, NEWER
ROAD/SIDEWALK, STRONG RENTAL DEMAND, AND CONVENIENT ACCESS TO PUBLIC
TRANSIT. MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL
OFFICE OR RETAIL USE— ONE CURRENTLY TENANTED AND THE OTHER OWNER
OCCUPIED — SECOND FLOOR CONSISTS OF TWO SELF-CONTAINED 2-BEDROOM
RESIDENTIAL UNITS, BOTH FULLY OCCUPIED BELOW-MARKET RENTS, PRESENTING
FUTURE UPSIDE POTENTIAL.
PROPERTY FEATURES INCLUDE A LARGE ASPHALT SURFACE LOT TO ACCOMMODATE 12
PARKING SPACES, 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND
CENTRAL AIR FOR THE MAIN FLOOR, HOT WATER TANK OWNED.
THIS IS AN EXCELLENT OPPORTUNITY TO ADD A VERSATILE INCOME-PRODUCING
PROPERTY TO YOUR PORTFOLIO.
CORRIDOR! STRONG INCOME POTENTIAL WITH PROJECTED GROSS ANNUAL INCOME OF
APPROXIMATELY $64,800 ACROSS 4 UNITS. SITUATED ON THE CORNER OF UNIVERSITY
AVE. W. AND MCEWAN AVE. THIS MOSTLY BRICK TWO-STOREY BUILDING WITH FULL
BASEMENT IS ZONED CD2.2 AND BENEFITS FROM EXCELLENT VISIBILITY, NEWER
ROAD/SIDEWALK, STRONG RENTAL DEMAND, AND CONVENIENT ACCESS TO PUBLIC
TRANSIT. MAIN FLOOR FEATURES TWO COMMERCIAL UNITS SUITED FOR PROFESSIONAL
OFFICE OR RETAIL USE— ONE CURRENTLY TENANTED AND THE OTHER OWNER
OCCUPIED — SECOND FLOOR CONSISTS OF TWO SELF-CONTAINED 2-BEDROOM
RESIDENTIAL UNITS, BOTH FULLY OCCUPIED BELOW-MARKET RENTS, PRESENTING
FUTURE UPSIDE POTENTIAL.
PROPERTY FEATURES INCLUDE A LARGE ASPHALT SURFACE LOT TO ACCOMMODATE 12
PARKING SPACES, 4 ELECTRICAL METERS, NEWER ENERGY-EFFICIENT FURNACE AND
CENTRAL AIR FOR THE MAIN FLOOR, HOT WATER TANK OWNED.
THIS IS AN EXCELLENT OPPORTUNITY TO ADD A VERSATILE INCOME-PRODUCING
PROPERTY TO YOUR PORTFOLIO.
Location
Province ON
Zoning CD2.2
Interior
Heating Air Conditioned, Energy Efficient, HVAC, Radiant Heat
Cooling Air Conditioned, Energy Efficient, HVAC, Radiant Heat
Inclusions 2 FRIDGES, 2 STOVES
Building
Sewer Sanitary
Construction Status Unknown
Listed by BUCKINGHAM REALTY (WINDSOR) LTD.
GET MORE INFORMATION