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BEDROOMS8
BATHROOMS8
KITCHENS32
ROOMSX8183844
MLSIDContact Us
Property Description
ATTENTION INVESTORS! Located at 1985 College Ave, Windsor, this solid concrete 8-unit residential building offers an exceptional investment opportunity within walking distance of the University of Windsor. Comprising a mix of bachelor suites and one-bedroom units, this property promises steady rental income potential. Recently renovated inside and out, it boasts brand new appliances and convenient facilities, including a coin laundry in the basement. Managed by professionals, maintenance is seamless, with lawn care and snow removal included. Positioned in a prime location near shopping, schools, and public transportation, this property is primed for high tenant demand. Don't miss your chance to invest in this premium property.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-29 | 2024-03-27 | 0 | $1,999,993 | - | Expired |
Extras
8 stoves, 8 Fridge, 2 furnaces, 8 lockers in basement, 2 story , 8 car parking ,. Double door Entrance front and back .
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Fronting
East
Taxes
$13,200 (2023)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
Other
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Windsor Market Statistics
Windsor Price Trend
1985 College Ave N is a 4-bedroom 8-bathroom home listed for sale at $1,799,999, which is $1,391,249 (340.4%) higher than the average sold price of $408,750 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Windsor declined by $80,416 (16.4%) compared to the previous 30 day period (February 29 - March 29) and down $551,250 (57.4%) from the same time one year ago.Inventory Change
There were 11 4-bedroom homes listed in Windsor over the last 30 days (March 30 - April 28), which is up 37.5% compared with the previous 30 day period (February 29 - March 29) and up 266.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Windsor typically sold $49,750 (12.2%) above asking price over the last 30 days (March 30 - April 28), which represents a $184 increase compared to the previous 30 day period (February 29 - March 29) and ($39,800) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Windsor over the last 30 days (March 30 - April 28) stood at 18.2%, down from 37.5% over the previous 30 days (February 29 - March 29) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 8-bathroom home in Windsor stood at 13 days when successfully sold over the last 30 days (March 30 - April 28), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Executive Homes Realty Inc.
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