531 MILL STREET

Windsor, , N9C2R7, Canada

$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!

Last updated on : Wednesday 8th of April 2026 12:15:45 PM

ADDRESS

Street : 531 MILL STREET

City : Windsor

Country : Canada

Postal Code : N9C2R7

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PROPERTY SUMMARY

Property ID : 26007392

Building Type : Multi-Family

Property Type : Multi-family

Parking Type: Other

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