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    For Sale - 531 MILL Street, Windsor, Ontario

    Est payment $11,044/mo
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    Views   1
    Time on Jump  3 day

    AI Summary *

    • Well-maintained three-storey brick apartment building near the University of Windsor.
    • Tenants in 11 out of 12 units, with one vacant bachelor suite available.
    • On-site parking and functional heating system for tenant convenience.
    • New individual hydro meters help reduce utility costs for landlord.
    • Assumable mortgage offers financial advantage with immediate cash flow potential.




    Welcome to 531 mill street. This three-storey, 12-unit brick apartment building sits in one of windsor's ·most reliable rental corridors near the university of windsor. The well-maintained property features eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. Currently 11 of 12 units are tenanted, with one vacant bachelor ready to lease-allowing the new owner to set market rent while stepping into a near-stabilized income property. On-site parking offers added convenience for tenants, and the building is serviced by a functional boiler heating system. Twelve new individual hydro meters· provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. An assumable 4. 25% fixed mortgage with approximately 9. 5 years remaining offers a strong financial advantage in today's rate environment. Cmhc-insured, this property provides immediate cash flow and long-term investment potential. Two new rented laundry machines will be installed in the common area with digital payment access for tenants, creating an additional income stream. Contact us today!
    Listing ID26007392
    Address531 MILL Street
    CityWindsor, Ontario
    Price$2,300,000
    ConstructionBrick
    FlooringCushion or Lino or Vinyl, Hardwood or En…
    Land Size90 FT FRONTAGE X N/A
    TypeMulti-Family
    StatusFor Sale

    Subtype 9 - 12 UnitAcreage 0.291Ownership FreeholdFoundation ConcreteHeating / Cooling Boiler, Radiant HeatHeating Fuel Natural GasHot Water Tank Other, See RemarksUtility Water Municipal WaterSewer Sanitary

    Date Listed Apr 8, 2026Days on Market 3
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    Listing Agency:  MANOR WINDSOR REALTY LTD.
    Co-Listing Agency:  MANOR WINDSOR REALTY LTD.

    * Data is provided courtesy of WECAR. 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 WECAR.

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    531 Mill Street
    Windsor , Ontario
    $2,300,000
    Get more info