Property Specs:
Price$18,000,000.00
CityWindsor, ON
Address930 MARION
Listing ID24003296
ConstructionBrick
FlooringMixed Flooring
ParkingOther
StatusFor sale
Extended Features:
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasBuilding Amenities Shopping AreaFoundation ConcreteHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
52 residential rental units plus one office building under development shall be ready for June 1st, 2024 possession. Every unit has separate utilities. Brand new conversion from roof to basement. Only 2 floors with elevator. Literally, nothing to do except choose your tenants. Ideal to eventually do a condo conversion. Attached is prospectus and full breakdown of financials and expenses. Building qualifies for 10 years no property taxes in addition to 6% cap rate!!! All offers conditional on walkthrough within a 72 hr period. (id:4555)