Here is your opportunity to own an income generating property in the Walkerville heritage precinct of Windsor with its well preserved architecture and treelined streets. The super low property taxes in this area and attractive cap rate makes this duplex the ideal investment property! Options: - (i). You can live in one unit and rent the other as a mortgage helper. (ii). Alternatively, you can rent out both units as it is currently. The duplex boasts of 3-generously sized bedrooms, a living room, kitchen with abundance of natural light and ensuite laundry per each unit. Currently generating a gross income of $40,800 per annum. (Complete financials is available on request). Recent updates (2022) includes new shingles, B-vent that was installed for the furnace and new central gas heating (upper unit only). An electric sewage pump system has also been installed to improve the plumbing needs of the duplex. New stairs with railings and improved foundation works (2025) has given a complete fresh start to this property. Proximity to most amenities makes this property very much desirable. Five public and seven catholic schools serve the area where the property is located. There are also two private schools nearby. 18 sports fields, 4 playgrounds and 8 other facilities are within a 20-min walk of this home. In terms of transit, street transit stops less than a 1 min walk away. Rail transit stop less than 3 km away. This check the box for a young growing family and most potential renters. This won't last long on the market. (id:52373)
Property Details
MLS® Number
X12376584
Property Type
Multi-family
Neigbourhood
Ford City
Community Name
Windsor
Amenities Near By
Schools, Public Transit, Hospital
Community Features
School Bus
Equipment Type
Water Heater - Gas, Water Heater
Features
Level Lot, Flat Site, Level
Parking Space Total
4
Rental Equipment Type
Water Heater - Gas, Water Heater
Structure
Porch
View Type
City View
Building
Bathroom Total
2
Bedrooms Above Ground
6
Bedrooms Total
6
Age
100+ Years
Amenities
Separate Heating Controls
Appliances
Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator