Turnkey 10-unit in a strong B-class rental corridor with a 6.7% cap rate and ~$11,000/month NOI. Eight units are already at or near market rent. Two vacant units offer immediate value-add: both have the square footage to add an extra bedroom, increasing rents by ~$300–$400/month per unit. Solid unit mix of 1-beds and 2-beds, spacious layouts, separate hydro, on-site laundry income, and low operational overhead. Windsor’s vacancy rate is under 3% with major growth drivers—new mega-hospital, Gordie Howe Bridge opening, and Stellantis expansion—all within minutes of this building. Ideal buy-and-hold asset with stable cash flow, upside potential, and strong tenant demand in a fast-developing region. Contact agent for full financials. (id:15069)
| MLS® Number | 25031036 |
| Property Type | Multi-family |
| Neigbourhood | South Walkerville |
| Amenities | Laundry Facility |
| Exterior Finish | Concrete, Other |
| Flooring Type | Ceramic/porcelain, Hardwood |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Multi-family |
| Other | 5 |
| Acreage | No |
| Size Irregular | 119x |
| Size Total Text | 119x |
| Zoning Description | Md1.2 |
https://www.realtor.ca/real-estate/29164377/1400-1430-seneca-street-windsor
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