Prime Investment Opportunity – High Cash Flow, Turnkey Lodging House, Student Rental. Discover an incredible investment in the heart of the city! This fully licensed 19-bedroom, 7-bathroom lodging house is an income-generating powerhouse, ideally located just steps from the university and backing onto a scenic waterfront park. Thoughtfully renovated and fully occupied, this property offers a strong, stable cash flow and is designed for long-term success. Spanning over 6,000 sq. ft. (as per MPAC), the residence is fully furnished and move-in ready, featuring 26 beds, 26 desks, a commercial-grade kitchen with 7 fridges and 3 stoves, plus onsite laundry with 3 stackable washer/dryers. With ramp access and 12 dedicated parking spaces, it caters to a wide range of tenants, including students and young professionals seeking a well-equipped, community-oriented living space. This exceptional investment may qualify for CMHC financing (buyer to verify). Amazing opportunity, call today! (id:4069)
Address
263 BRIDGE AVENUE
List Price
$1,599,999
Property Type
Multi-family
Type of Dwelling
Apartment
Area
Ontario
Sub-Area
Windsor
Lot Size
100 X 100.38 Sq. Ft.
MLS® Number
25008479
Listing Brokerage
LC PLATINUM REALTY INC.
Postal Code
N9B2M1
Zoning
RD2.2
Amenities
Laundry Facility, Shopping Area
