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801 Victoria Avenue Windsor, Ontario N9A 4N5

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Boiler

$1,650,000

This is a rare investment opportunity! This beautiful lodging home is located on Windsor's renowned Victoria Avenue. It currently caters to international students and has less than a 5% vacancy rate. Cap rate is 7.5%+. This property has 23 bedrooms, 14 bathrooms (some ensuites) coin laundry, an expansive commercial-sized kitchen on the main floor with an attached dining room. Owners quarters are located on the third level which includes 2 bedrooms, a full bathroom, and kitchen. The heating system is energy efficient. Property has full camera surveillance, large brick 2-car garage and 5 additional parking spaces. Building layout, tenant rent roll, and income statement are attached. LTA rules apply, please allow 24 hr. notice on showings. (id:22529)

Property Details

MLS® Number 20002429
Property Type Multi-family
Neigbourhood City Centre

Building

Amenities Laundry Facility
Exterior Finish Brick
Fireplace Present No
Flooring Type Carpeted, Ceramic/porcelain, Hardwood, Laminate
Foundation Type Block, Concrete
Heating Fuel Natural Gas
Heating Type Boiler
Stories Total 3

Parking

Other 5

Land

Acreage No
Size Irregular 68.77 X 120
Size Total Text 68.77 X 120
Zoning Description R.d 3.1

https://www.realtor.ca/real-estate/21656464/801-victoria-avenue-windsor