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    For Sale - 819-829 RIVERSIDE Drive, Windsor, Ontario

    Est payment $14,247/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Rare opportunity for a large land assembly in Riverside.
    • High-profile corner location with significant street exposure.
    • Potential for 112-meter tall residential development with 338 units.
    • Existing properties generate rental income for immediate cash flow.
    • Affordable acquisition price compared to other major Canadian markets.




    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. Buyer and buyer's agent to verify zoning, services, setbacks, parking, income, expenses, financials, architectural drawings, planning process, cmhc eligibility, rent potential, development potential, and all approvals. Seller and listing brokerage make no representation or warranty. Architectural drawings, planning consultation stage 1 letter, planning process details, and financials available upon request after signed confidentiality agreement.
    Listing IDX13099192
    Address819-829 RIVERSIDE Drive
    CityWindsor, Ontario
    Price$2,966,888
    Bed / Bath12 / 4 Full
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdWaterfront Indirect, WaterfrontCommunityBasement Full, UnfinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  PROPERTY ZILLA

    * 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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    819-829 Riverside Drive
    Windsor , Ontario
    12 4 $2,966,888
    Get more info