1400-1430 Seneca Street Windsor, Ontario
PROPERTY INFO
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:4555)
PROPERTY SPECS
Price $1,950,000
City Windsor, Ontario
Address 1400-1430 SENECA Street
Listing ID 25031036
Style Multi-Family
Flooring Hardwood, Ceramic/Porcelain
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Ownership
Freehold Heating / Cooling
Baseboard heaters, Electric
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