3497 Peter Street
Windsor, N9C 1J4
FOR SALE
$499,000
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7
BEDROOMS 2
BATHROOMS 2
KITCHENS 2
ROOMS X13475942
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Property Description
Well-maintained duplex offering 7 above grade bedrooms and 2 bathrooms, with additional value-add potential in the unfinished basement providing excellent flexibility for investors or multi-generational living. The upper unit includes 2 bedrooms, a 3-piece bathroom, and a full kitchen, while the main unit features 5 bedrooms, a 3-piece bathroom, and a full kitchen. The lower level presents a prime opportunity to expand, with the potential to add up to 4 additional bedrooms to significantly increase rental income. Each unit comes equipped with kitchen appliances and the main unit offers in-suite laundry. Exterior highlights include a covered porch, and double width side driveway. Situated close to transit, schools, and local amenities, this property is well-suited for investors seeking both immediate income and future upside.
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Property Features
Accessory Apartment, Sump Pump, Ventilation System
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Property Details
Address
3497 Peter Street
City
Postal Code
N9C 1J4
Property Type
Detached, Detached
Lot Size
40' x 104'
Taxes
$2,703 (2025
Basement
Development Potential, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Right At Home Realty
Spacious and well-maintained single-family home offering 8 bedrooms (6 above grade) and 3 bathrooms, making it an excellent opportunity for investors or large families. Thoughtfully configured to maximize space and functionality, the home features generous living areas and well-sized bedrooms throughout. The property includes a full kitchen with appliances and in-site laundry. Exterior highlights include a partially fenced yard, covered porch and nearby parking. Located near transit, schools, and everyday amenities, this property offers strong rental potential or comfortable owner-occupancy.
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Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 4 rooms leased at $600/month. The two additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced *
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