ON
Windsor
N9A2T4
819-829 RIVERSIDE AVE Dr
819-829 RIVERSIDE AVE Dr, Windsor, ON N9A2T4
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Listing Type
Single Family
Listing Status
Active
26
$2,966,888

Home Details for 819-829 RIVERSIDE AVE Dr

Price
$2,966,888
Type
Residential
Bedrooms
12
Total Bathrooms
4
Listing #
26010118
Property Description

Rare Riverside Land Assembly. Opportunity to pivot from highly saturated markets and explore a Windsor investment where the numbers may make more sense. Approx. 22,312 sq. ft. connected site with exposure across 3 street frontages, including a high-profile corner position, offering strong potential upside for builders, developers, and investors. Planning Consultation Stage 1 Letter and architectural drawings available for a proposed multiple dwelling concept with approx. 112 m / 37 storeys, 338 units, and 300 parking spaces, which, if approved and constructed, may represent one of Windsor’s tallest residential developments. Existing 3 houses offer a combined 12 bedrooms, 4 bathrooms, and approx. $5,100/month rental income for holding income. Strong Riverside location with potential Detroit skyline / riverfront views depending on final design and approvals. Windsor offers comparatively affordable acquisition pricing compared to many major Canadian markets, with strong rental demand and potential for higher Riverside-area rents, subject to market conditions and buyer verification. Buyer may explore CMHC MLI Select financing for future rental development, subject to all lender, CMHC, zoning, design, affordability, energy efficiency, accessibility, and municipal requirements. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
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EXIT REALTY APEX, BROKERAGE
135 Matheson Blvd W Unit 202D, Mississauga, ON L5R 3L1
Rupam Sharma
License #: 6001368
Sales Representative
Office
905 283 6741
Agent
289 885 5017
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