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Residential

Sold

$920,000

476 Giles Boulevard West

Giles (Windsor, Ontario, CA - N9A 6H6)

Estimated Mortgage$4,849/month
5Baths
An EXCELLENT fully occupied 8-unit property in a desirable central Windsor neighborhood with a mix of studio, 1, 2, and 3 bedroom units. Included 8 stoves, 8 fridges, furnaces, and hot water tanks (all OWNED - no rental equipment). Well-maintained, brick-to-roof, with a brand NEW ROOF (2021). This PROFITABLE property generates a rental income of $81,006 with minimal expenses of $15,998 (property tax, insurance, and shared utilities), producing a SOLID net income of $65,008 annually (more than 7% cap rate!), with a significant potential INCREASE based on market rents, and extra income opportunity from the detached garage or addition of coin-op laundry. Buyer is responsible for making their inquiries regarding permitted uses.
Brokered and Advertised by: Keller WIlliams Lifestyles Realty Brokerage
Information is deemed to be correct but not guaranteed.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
Keller Williams Lifestyles Realty Brokerage
Verge Real Estate Team
Verge Real Estate Team

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