GREAT OPPORTUNITY TO ADD A HUGE INCOME TO YOUR REAL ESTATE PORTFOLIO. THIS 22 BDRM, 15 BATH FULLY LICENSED BOARDING HOUSE HAS POTENTIAL OF $198,620 GROSS INCOME. CURRENTLY FULLY LEASED W/SOME TENANTS LEAVING, THIS CAN BE PURCHASED EITHER FULLY LEASED OR WITH SOME VACANCIES TO CREATE YOUR OWN RENTS WITH RD3.1 ZONING. MAIN FLR HAS 6 BDRMS W/4 FULL BATHS WITH A COMMERCIAL KITCHEN. 2ND FLR HAS 8 BDRMS WITH 4 FULL BATHS. 3RD FLR IS A SELF-CONTAINED 2 BDRM, 2 BATH APARTMENT. LWR LVL HAS 6 BDRMS & 5 BATHS WITH RECENT BOARDING ROOM CERTIFICATE FROM THE CITY, IT HAS CURRENT FIRE & ELECTRICAL CERTIFICATES. THERE IS A 2.5 CAR DETACHED GARAGE & PARKING FOR 4-5 CARS. THERE IS A COIN OPERATED LAUNDRY GENERATING AN ADDITIONAL $19,200 ANNUALLY. CALL LISTING REALTORS® TO VIEW OR FOR ANY INQUIRIES. (id:4555)
Property Specs
Listing ID24011022
Address801 VICTORIA
CityWindsor, ON
Price$1,749,999
Bed / Bath22 / 15 Full
ConstructionBrick
FlooringCarpeted, Ceramic/Porcelain, Cushion/Lin…
Land Size68.77X120
TypeHouse
StatusFor sale
Extended Features
AppliancesDryer, Freezer, Refrigerator, Two stovesEquipmentOtherFeaturesGravel Driveway, Rear DrivewayOwnershipFreeholdRental EquipmentOtherFoundationBlockHeatingBoilerHeating FuelNatural gasDate Listed2024-05-13 14:01:10Days on Market196
