Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 6.15% cap rate, Excellent cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact Listing sales rep for your private viewing and financials today! (id:60821)
| MLS® Number | 26009379 |
| Property Type | Multi-family |
| Amenities | Laundry Facility |
| Constructed Date | 1920 |
| Cooling Type | Heat Pump |
| Exterior Finish | Aluminum/vinyl, Brick |
| Flooring Type | Mixed Flooring |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Stories Total | 3 |
| Type | Multi-family |
| Other | 4 |
| Acreage | No |
| Size Irregular | 32 Ft X 110 Ft |
| Size Total Text | 32 Ft X 110 Ft |
| Zoning Description | Rd2.2 |
https://www.realtor.ca/real-estate/29665298/1050-assumption-windsor
(519) 972-1000
(519) 972-7848
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