Address
531 Mill Street, Windsor, ON
Price
$ 2,150,000
Property Attributes
- MLS#26019614
- TypeMulti-Family
- Listing Status Active
- CityWindsor
- Area00 - Windsor - Lasalle - Tecumseh
- Neighbourhood2 - Downtown-West Windsor
- Postal CodeN9C 2R7
- Style9-12 Units
- Taxes$ 21681
- Price$ 2,150,000
- Bedrooms12
- Full Bathrooms12
- Half Bathrooms0
- Lot Size0.291 Acres
Data Source:
Windsor-Essex (WECAR) / Sarnia-Lambton (SLREB)
Property Description
Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor's most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. The building is 11 of 12 units tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants. 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. Assumable 4.25% fixed mortgage with ~9.5 years left-offering strong financial advantage in today's rates. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Contact us today!
| Price History | |
|---|---|
| 8/12/2026 | Listed $2,150,000 |
General Features
| Sewer | Sanitary |
|---|---|
| Roof | Asphalt |
| Zoning | RD3.1 |
| Occupancy | Tenant |
| Property Type | Multi-Family |
| Transaction Type | Sale |
| Tax Year | 2026 |
| Status | Active |
| District | 00 - Windsor,Lasalle,Tecumseh |
| City | Windsor |
| Heating Cooling | Boiler,Radiant Heat |
| Major Area | Windsor-Essex |
| Year Built Description | Unknown |
| Legal Description | PLAN 52 PT LOT 1; PLAN 40 PT PK LOT C |
| DOM | 34 |
Interior Features
| Heating Fuel | Natural Gas |
|---|
Exterior Features
| Exterior Finish | Brick |
|---|---|
| Water Availability | Connected |
| Sewer Availability | Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N9C 2R7
Price
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