801 Victoria AVENUE - $1,650,000.00

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Property Specs

Price$1,650,000.00
CityWindsor, ON
Address801 Victoria AVENUE
Listing ID20002429
ConstructionBrick
FlooringCarpeted, Ceramic/Porcelain, Hardwood, L…
ParkingOther
Land Size68.77 x 120
StatusFor sale

Extended Features:

Ownership: FreeholdBuilding Amenities: Laundry FacilityFoundation: Block, ConcreteHeating: BoilerHeating Fuel: Natural gas

Details:

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:4555)
LISTING OFFICE:
Jump Realty Inc.

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