406 Glengarry Avenue,Windsor, ON N9A1P9
Windsor, ON N9A1P9
Description
Turn-Key Front/Back Duplex Downtown. Exceptional investment opportunity on a corner lot!! This well-maintained front-back duplex offers two spacious units, each featuring two bedrooms across two levels, providing comfortable and functional living spaces for tenants or owner-occupants alike. Both units come with full, owned appliances (nothing rented), and the property benefits from a recently updated roof, offering peace of mind and reduced maintenance costs for years to come. Each tenant is responsible for all their own utilities, keeping operating expenses low and predictable. The rear unit is currently rented at $1,700/month (FMV), while the front unit is rented at $1,000/month with pro-forma market rents estimated at $1,600/month. For buyers looking to owner-occupy, it is possible to pursue vacant possession for personal use with N12 (buyer to verify requirements directly), live in the front unit, and enjoy strong market rents from the rear. Listed at an attractive 5.8% CAP rate, this property stands out as one of the best value opportunities in the area-ideal for investors, partial owner-occupiers, and anyone seeking solid cashflow in an income-generating duplex. Don't miss your chance to secure a strong cash-flowing property in a prime Windsor location! (id:13843)
Details
| MLS # | X13065610 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 146 |
| Listing Provided By | ROBIN HOOD REALTY LIMITED | ALEXANDER KONSTANTIN |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,100 |
| Story(s) | 2 |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 1 |
Taxes
| Tax Annual Amount | 1215 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Windsor |
| Postal Code | N9A1P9 |
| Listing VS Median (in N9A1P9) | |
Price: $499,000 low | high Med: $499,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $454 low | high Med: $454 On site: 146 low | high Med: 146 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Windsor |
| Postal Code | N9A1P9 |
| Listing VS Median (in N9A1P9) | |
Price: $499,000 low | high Med: $499,000 sqft: 1,100 low | high Med: 1,100 $ / sqft: $454 low | high Med: $454 On site: 146 low | high Med: 146 | |
