V/L HIGH STREET — Windsor, Ontario

N8Y4B2

About This Property

PRIME RD2.1 ZONED VACANT LAND WITH POTENTIAL FOR UP TO 6 UNITS, IDEAL FOR INVESTORS AND DEVELOPERS TARGETING STRONG CASH FLOW POTENTIAL. LOCATED IN A CONVENIENT, CENTRAL, HIGH-DEMAND RENTAL AREA WITH CLOSE PROXIMITY TO PUBLIC TRANSIT, SHOPPING, AND EVERYDAY AMENITIES. SITUATED WITHIN WINDSOR’S ECONOMIC DEVELOPMENT ZONE, THIS PROPERTY BENEFITS FROM ZERO DEVELOPMENT CHARGES, SAVING APPROXIMATELY $24,000 PER UNIT AND MEANINGFULLY ENHANCING PROJECT RETURNS. ZONING AND SCALE ALIGN WELL WITH CMHC MLI SELECT FINANCING, SUPPORTING HIGH-LEVERAGE, LOW-COST INSURED DEBT AND IMPROVED CASH-ON-CASH METRICS. AN ADDITIONAL 13 FEET OF LOT DEPTH MAY BE AVAILABLE THROUGH PURCHASE OF THE ADJACENT ALLEYWAY, PROVIDING GREATER DESIGN FLEXIBILITY AND DENSITY OPTIONALITY. A RARE INFILL OPPORTUNITY IN A PROVEN, HIGH-ABSORPTION RENTAL MARKET. BUYER TO VERIFY ALL INFORMATION AND COMPLETE THEIR OWN DUE DILIGENCE. (id:63357)

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Property Details

Property Type: Detached
Status: Active

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Last updated: Mar 11, 2026

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$229,000