Property Specs:
Price$499,999.00
CityWindsor, ON
Bed / Bath6 / 3 Full
Address427 CAMERON
Listing ID26018765
ConstructionAluminum/Vinyl
FlooringCeramic/Porcelain, Hardwood, Laminate
ParkingGarage
Land Size40 X 128.50 FT
TypeDuplex
StatusFor sale
Extended Features:
Features Paved driveway, Rear DrivewayOwnership FreeholdAppliances Dryer, Two Refrigerators, Two stoves, WasherCooling Central air conditioningFoundation BlockHeating Baseboard heaters, Forced air, FurnaceHeating Fuel Electric, Natural gas
Details:
Attention Investors & House Hackers – Unlock the income potential of this exceptional duplex with a finished third unit, ideally located just minutes from the University of Windsor. Whether you're an investor looking to add a strong cash-flowing asset to your portfolio or a buyer wanting to offset your mortgage by living in one unit while renting the others, this property delivers outstanding flexibility and value. With projected gross rental income of approximately $4,700 per month ($56,400 annually), this is a rare opportunity to acquire a property with immediate upside. The main floor is already tenanted at $1,700/month (all-inclusive), while the vacant upper and basement units allow the new owner to secure current market rents from day one. Unit Breakdown: Main Floor: 2 bedrooms, 1 bathroom – currently rented for $1,700/month (all-inclusive). Upper Unit: 3 bedrooms, 1 bathroom – vacant with estimated rental potential of $1,800/month. Basement Unit: 1 bedroom, 1 bathroom – vacant with estimated rental potential of $1,200/month Additional features include a shared laundry area, a spacious rear parking area accommodating up to four vehicles, plus a detached single-car garage offering the potential for additional rental income or storage. This property has been well maintained and offers numerous capital improvements, including 2 newer furnaces, 2 newer central air conditioning units, updated windows, 5 new doors, and more—making it a true turnkey investment with minimal immediate capital expenditures. Located in a high-demand rental area close to the University of Windsor, shopping, transit, and other amenities, this is an excellent opportunity to generate strong cash flow while benefiting from long-term appreciation. Properties with this combination of income potential, vacant possession, and owner-occupancy flexibility don't come along often. Schedule your private showing today before this outstanding investment is gone! All offer will be viewed on August 13th. (id:4555)