Rare Riverside Land Assembly. Opportunity to pivot from highly saturated markets and explore a Windsor investment where the numbers may make more sense. Approx. 22,312 sq. ft. connected site with exposure across 3 street frontages, including a high-profile corner position, offering strong potential upside for builders, developers, and investors. Planning Consultation Stage 1 Letter and architectural drawings available for a proposed multiple dwelling concept with approx. 112 m / 37 storeys, 338 units, and 300 parking spaces, which, if approved and constructed, may represent one of Windsor's tallest residential developments. Existing 3 houses offer a combined 12 bedrooms, 4 bathrooms, and approx. $5,100/month rental income for holding income. Strong Riverside location with potential Detroit skyline / riverfront views depending on final design and approvals. Windsor offers comparatively affordable acquisition pricing compared to many major Canadian markets, with strong rental demand and potential for higher Riverside-area rents. Buyer may explore CMHC MLI Select financing for future rental development, subject to all lender, CMHC, zoning, design, affordability, energy efficiency, accessibility, and municipal requirements. (id:15069)
| MLS® Number | X13099192 |
| Property Type | Single Family |
| Community Name | Windsor |
| Easement | Unknown, None |
| Parking Space Total | 3 |
| View Type | Unobstructed Water View |
| Water Front Name | Detroit River |
| Water Front Type | Waterfront On River |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 12 |
| Bedrooms Total | 12 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 0 - 699 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Access Type | Public Road |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 120 Ft |
| Size Irregular | 120 Ft ; Irregular |
| Size Total Text | 120 Ft ; Irregular |
| Zoning Description | Rd2.2 |
https://www.realtor.ca/real-estate/29719034/819-829-riverside-drive-e-windsor-windsor
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