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41 Giles Boulevard East Windsor, Ontario N9A 4B6

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Central Air Conditioning Forced Air

$399,900

Featuring 8 bedrooms, this property already has the necessary permits to be converted to a legal rooming house. The attached documents provide details of the minor work that needs to be done by a new owner to complete the conversion. This property is sitting on a corner lot which provides ample sunlight creating a bright and spacious interior that tenants will love. This property is centrally located near all amenities and close to the hospital making it ideal for students, nurses, and working professionals. Currently, this property is fully tenanted and has an annual gross income of approximately $47,160 which allows for a cash flow of about $1200 a month (current cap rate over 7%). With on-site laundry, tons of basement storage, 6 on-site parking spots, and NO rental equipment, as a bonus all furniture will also be included in the sale. (id:22529)

Property Details

MLS® Number 20015426
Property Type Multi-family
Neigbourhood South Central

Building

Amenities Laundry Facility
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present No
Flooring Type Ceramic/porcelain, Laminate
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Apartment

Parking

Other 6

Land

Acreage No
Zoning Description Cd3.2

https://www.realtor.ca/real-estate/22605306/41-giles-boulevard-east-windsor