819-829 RIVERSIDE Dr E, Windsor, ON N9A2T4
- Beds
- 12
- Baths
- 4
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Overview
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. (id:58180)
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 2
- Number of bedrooms
- 12
- Number of bathrooms
- 4
Interior features
- Basement
- Yes
Exterior features
- Water view
- Yes
Utilities
- Heating
- Forced Air, Natural Gas
- Sewer
- Sewer
- Water
- Water
Taxes
- Tax Annual Amount
- $10,245
Public schools
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Sourced from: Canadian Real Estate Association MLS®#: X13099192 Last checked: …
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