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1655 Rooney STREET

$2,290,000

1655 Rooney STREET, Windsor, Ontario, N9B 1L1

MLS® # 26002108

Windsor ON, N9B 1L1

MLS® # 26002108

Property Information:

Strong income-producing multi-unit property near the University of Windsor in a high rental demand area. This property features 17 units, including 12 one-bedroom and 5 bachelor units, all currently rented. Generates positive cash flow with a strong cap rate and excellent upside, as several units are below market rent. A great long-term investment close to transit, shopping, and everyday amenities. (id:27)

Building Features:

Style: Multiplex
Air Conditioning: Yes
Amenities: Laundry Facility
Exterior Finish: Brick
Flooring Type: Hardwood, Flooring Type
Foundation Type: Block
Heating Type: Baseboard heaters, Heat Pump
Heating Fuel: Electric
Cooling Type: Heat Pump

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Irregular: Yes
Lot Size: X
Zoning: RES
Parking Type: Other
No. of Parking Spaces: 20

Rooms:

Bedroom 2nd Level Measurements not available
Kitchen 2nd Level Measurements not available
Bedroom 3rd Level Measurements not available
Kitchen 3rd Level Measurements not available
Living 3rd Level Measurements not available
Laundry Main Level Measurements not available
Bedroom Main Level Measurements not available
Kitchen Main Level Measurements not available
Living Main Level Measurements not available

Courtesy of: REAL BROKER ONTARIO LTD

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⚠ Potential Investment Performance

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Market Price Trends

Location of 1655 Rooney STREET, Windsor, Ontario, N9B 1L1

Lifestyle
Neighbourhood

Demographic Information of 1655 Rooney STREET, Windsor, Ontario, N9B 1L1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,724.52

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.2 %

High school certificate or equivalent

35.35 %

Apprenticeship trade certificate/diploma

2.16 %

College/non-university certificate

19.28 %

University certificate (below bachelor)

1.43 %

University Degree

24.58 %

Commuter

Travel To Work

By Car

78.5 %

By Public Transit

11.26 %

By Walking

2.05 %

By Bicycle

1.27 %

By Other Methods

6.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.06 %

Houses

76.94 %

Own Vs. Rent