Frontside or backside of a home for 469 MILL St, Windsor Ontario N9C 2R7
203 days on Market

469 MILL St, Windsor, Ontario N9C 2R7

Detached
7 + 2
3
- sqft
$499,000
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Detached
7 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,143/mo

Tax Amount (2024)$2,522/yr

Days On Market203 days


Description

**ATTENTION INVESTORS** Located just a 5-minute walk from the University of Windsor, this prime investment property offers major cash flow potential with an estimated CAP rate close to 7%. Featuring 9 spacious bedrooms, 3 modern bathrooms, and versatile RD3.1 zoning, it allows for a wide range of uses and includes the potential to add a rear Accessory Dwelling Unit (ADU) for additional income. Recent upgrades such as a newer roof (2018), siding, windows, eaves troughs, downspouts, and AC make it move-in ready and low-maintenance. The property also boasts a unique oversized loft bedroom on the third floor and a convenient side entrance to the lower level. With high rental demand from university students, this property promises strong and consistent returns.Several below market rents for untapped upside potential. Don’t miss out on this exceptional opportunity—contact us today for more details and to schedule a viewing.


Property Details

Style2 1/2 Storey,2 Storey
View-
Age of property-
SqFt-
Lot Size4,200 SqFt(120 x 35)
Parking Spaces-
MLS ®Number24012723
Community NameSandwich
Data SourceWESC
Listing byROYAL LEPAGE BINDER REAL ESTATE - 634

Features

Heating: Forced Air,Furnace
Basement: Full, Finished

MAIN LEVEL Floor

KITCHEN

LIVING ROOM

FOYER

BEDROOM


Features

Lot size: 4,200 SqFt

Property listed by ROYAL LEPAGE BINDER REAL ESTATE - 634, Brokerage
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Population and Demographics

Overview

Total population 10863
Average household income $77,548

Age (%)

20 to 34
30%
0 to 19
24%
50 to 64
17%
35 to 49
16%
65 and plus
13%

Household composition (%)

Single family
51%
Single person
38%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
73%
Arabic
7%
Others
5%
Gujarati
2%
Bengali
2%
Mandarin
2%
French
2%
Somali
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget