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    For Sale - 1139-1175 University Avenue, Windsor, Ontario

    Est payment $8,639/mo
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    Views   4
    Time on Jump  59 day

    AI Summary *

    • Fully tenanted building with 10 diversified income-generating units.
    • Exceptionally high cap rate of 10%+, outperforming market averages.
    • Centrally located near university and downtown with high demand.
    • Recent upgrades including new windows and HVAC make it turnkey.
    • Surrounded by upcoming city improvements and strong economic growth.




    ***rare & exceptional investor opportunity*** fully tenanted mixed-use freestanding building: 7 residential (2 bdrm each) & 3 commercial units. 10 doors of diversified income, all fully rented, delivering an outstanding 10%+ cap rate. In a market where windsor cap rates average 6-8%, this asset stands alone. Ideally located on university ave w - centrally positioned between the university of windsor & downtown windsor, windsor's highest-demand rental & commercial corridor. Walk to the detroit river waterfront & scenic riverside trail in under 5 minutes. Location upside: the city of windsor's nearly $20-million university ave w reconstruction is underway - delivering brand new street lighting, protected bike lanes, & complete road rehabilitation right at your front door. This city-funded streetscape upgrade is transforming the corridor into a premier pedestrian & commercial strip, directly benefiting the 3 ground-floor commercial units. Properties along this corridor also qualify for city of windsor cip facade & building improvement grants - a rare incentive that attracts & retains quality commercial tenants. All 10 units have separate hydro meters - tenants pay their own hydro. 10+ surface parking spaces included. Recent capital improvements: new windows, exterior doors, electrical panels throughout, & carrier split-unit hvac per residential unit. Hundreds of thousands spent in upgrades - completely turnkey. Windsor's economy is booming: gordie howe international bridge now operational. Canada's first commercial-scale battery plant launched in windsor (2026) - 2,500+ new jobs driving strong rental & commercial demand. A true generational income asset. ***don't miss this opportunity ***.
    Listing IDX13246134
    Address1139-1175 University Avenue
    CityWindsor, Ontario
    Price$1,799,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailFeatures Irregular LotBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  RE/MAX REAL ESTATE CENTRE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1139-1175 University Avenue
    Windsor , Ontario
    $1,799,000
    Get more info