531 Mill Street Windsor, Ontario N9C 2R7
$2,300,000
Welcome to 531 Mill Street. This three-storey, 12-unit brick apartment building sits in one of Windsor's ·most reliable rental corridors near the University of Windsor. The well-maintained property features eight 2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. Currently 11 of 12 units are tenanted, with one vacant bachelor ready to lease-allowing the new owner to set market rent while stepping into a near-stabilized income property. On-site parking offers added convenience for tenants, and the building is serviced by a functional boiler heating system. Twelve new individual hydro meters· provide separate metering for each unit, reducing landlord utility costs and increasing tenant accountability. An assumable 4.25% fixed mortgage with approximately 9.5 years remaining offers a strong financial advantage in today's rate environment. CMHC-insured, this property provides immediate cash flow and long-term investment potential. Two new rented laundry machines will be installed in the common area with digital payment access for tenants, creating an additional income stream. Contact us today! (id:52143)
Property Details
| MLS® Number | 26007392 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Laminate, Other, Cushion/lino/vinyl |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Boiler, Radiant Heat |
| Stories Total | 3 |
| Type | Multi-family |
Parking
| Other | 12 |
Land
| Acreage | No |
| Size Irregular | 90 Ft Frontage X N/a / 0.291 Ac |
| Size Total Text | 90 Ft Frontage X N/a / 0.291 Ac |
| Zoning Description | Rd3.1 |
https://www.realtor.ca/real-estate/29572369/531-mill-street-windsor
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 08 2026 04:09:26
Windsor-Essex County Association of REALTORS®
Manor Windsor Realty Ltd.
