Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located in Windsor, ON 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. 7.34% cap rate and cash on cash return at 7.67%, Excellent cash-flow with 5-year return at $138,097! Easy building to self-manage. 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).
1050 Assumption, Windsor, ON
$1,199,500
Contact Listing sales rep for your private viewing. Steve Blais 226-347-6945.
Download the Financials HERE.
FLOOR PLANS
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- UNIT 1
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- UNIT 2
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- UNIT 3
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- UNIT 4
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- UNIT 5
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- UNIT 6
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- UNIT 7
EXTERIOR
UNIT 1
UNIT 2
UNIT 3
UNIT 4
UNIT 5
UNIT 6
UNIT 7
