For Sale · MLS# X13065610
Active

$585,000

406 GLENGARRY AVENUE

4Bedrooms 4Bathrooms 1,100Sq Ft

About this home

Turn-Key Front/Back Duplex Downtown. Exceptional investment opportunity on a corner lot!! This well-maintained front-back duplex offers two spacious units, each featuring two bedrooms across two levels, providing comfortable and functional living spaces for tenants or owner-occupants alike. Both units come with full, owned appliances (nothing rented), and the property benefits from a recently updated roof, offering peace of mind and reduced maintenance costs for years to come. Each tenant is responsible for all their own utilities, keeping operating expenses low and predictable. The rear unit is currently rented at $1,700/month (FMV), while the front unit is rented at $1,000/month with pro-forma market rents estimated at $1,600/month. For buyers looking to owner-occupy, it is possible to pursue vacant possession for personal use with N12 (buyer to verify requirements directly), live in the front unit, and enjoy strong market rents from the rear. Listed at an attractive 5.8% CAP rate, this property stands out as one of the best value opportunities in the area-ideal for investors, partial owner-occupiers, and anyone seeking solid cashflow in an income-generating duplex. Don't miss your chance to secure a strong cash-flowing property in a prime Windsor location! (id:66036)

Property facts

Property type
Duplex
Building type
Duplex
Living area
1,100 sqft
Lot size
25 x 80.4 FT
Lot frontage
25 ft
Lot depth
80 ft ,4 in
Basement
None
Heating
Natural gas Forced air
Cooling
None

Listing courtesy of

ROBIN HOOD REALTY LIMITED
Listed by: ALEXANDER KONSTANTIN
Phone: (365) 695-5455

The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.

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