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1250-1260 Ouellette Avenue Windsor, Ontario N8X 1J5

Boiler

$5,800,000

Introducing the Iconic Paramount Building at Giles & Ouellette in Windsor! Add 34 units to your real estate investment portfolio with a mix of 1 & 2 bedroom units and onsite laundry. Positioned on ½ an acre of valuable land, 1250-1260 Ouellette offers abundant parking with room for future expansion. Prime A+ location with a high walking score providing low vacancy & demand for rentals. Walking distance to parks, pharmacy, grocery, Tim Hortons, amenities and services. Situated on a bus route and steps from Windsor Regional Hospital. This impressive building is almost fully tenanted and professionally managed. Separately metered for hydro with an opportunity to improve current rents as tenants turn over. Updates include newer Roofs (2020/2022), Boiler #1(2015), Boiler #2(Rebuilt 2024), Common Areas, Laundry Machines & Unit Renovations. Income & Expenses available upon request. CURRENT NOI 271K! (id:43321)

Property Details

MLS® Number	24007719
Property Type	Multi-family

Building

Amenities	Laundry Facility, Shopping Area
Exterior Finish	Brick
Flooring Type	Mixed Flooring
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Boiler
Stories Total	4

Parking

Other

Land

Acreage	No
Size Irregular	100.47 X 207+
Size Total Text	100.47 X 207+
Zoning Description	Cd3.5

Aerial

https://www.realtor.ca/real-estate/26756385/1250-1260-ouellette-avenue-windsor

Interested?

Jessica Spiteri
Sales Person

(519) 919-5867

Jump Realty Inc.
Suite 300 - 3390 Walker Road
Windsor, Ontario N8W 3S1

(519) 997-2320
(226) 221-9483

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Last Updated
April 29 2024 09:07:39

Data Provider
Windsor-Essex County Association of REALTORS®

Listing Office
Jump Realty Inc.

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Joe and the whole Joe Conlon Real Estate team were incredibly helpful from our first phone call to them. Their passion for the work they do and their collaborative approach make selling your home feel easy and (almost) relaxed. Their knowledge and advice every step of the way helped us a tremendous amount. Thank you to the whole team!

Maria & Adam Simpson

My son and Daughter-in-law highly recommended we work with Joe. He was everything we expected and more. Our house sold for more than we had hoped, in less than a week. Everything went so smooth. And Joe’s help in finding our new home was amazing. The home we purchased is our forever home. We will definitely recommend Joe and his team to anyone looking to sell/buy in the future. Thank you again for everything you did for us!

Brenden and Michelle St Aubin

Recently, I had the pleasure of working with the Joe Conlon Real Estate Team by way of a referral. I couldn’t have asked for a better experience. Buying and selling property can be stressful, but from the moment I first contacted Joe and his team until the day the sale officially closed and beyond, I can honestly say I felt like I was in good hands. If I needed to contact Joe, he always found a way to touch base with me in a timely manner. When I had questions, he and his associates were quick to find me the answers. Perhaps, most importantly, however, is that I feel joe and his team really listened to what I had to say and made every effort to accommodate my needs. What could have been a challenging time turned out to be a great experience. My family and I wouldn’t hesitate to recommend the Joe Conlon Real Estate Team!

Adam Ferguson

Had the pleasure of working with Jill. I was in a rush to list and sell, to accommodate my purchase of a new home, and she was extraordinary! She was completely understanding of my needs and bent over backward to be there every step of the way. Not only was I super impressed, but my parents will be recommending her to any future home sellers/buyers. Your team is blessed with having Jill be a part of it, truly an asset to your company as well. I love her and I’m forever grateful for all the dedication and work she did for me.

Danielle Vickered