Residential in Windsor

CA$320,000

1324 Copperfield, N8S4G9, Windsor, ON

Residential for sale in Windsor, 1324 Copperfield, N8S4G9, 700 m²

1324 Copperfield, N8S4G9, Windsor, ON

CA$320,000

3Bed
3Bath
700
Type: Residential

Description

1324 Copperfield Place, Windsor is an investment property within a portfolio. A single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23, 400 in gross annual rent and $19, 060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy. (id:55532)

Location

1324 Copperfield, N8S4G9, Windsor, ON

Data

Object TypeResidential
Purchase PriceCA$320,000
Living Space700 m²
Plot SizeN/A
Bathrooms3
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

R

Real Estate Agent