1324 Copperfield Place Windsor, Ontario N8S 4G9

3 Bedroom 3 Bathroom 700 - 1,100 sqft
Central Air Conditioning Forced Air

$320,000

1324 Copperfield Place, Windsor is an investment property within a portfolio. A single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23,400 in gross annual rent and $19,060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy. (id:49203)

Property Details

MLS® Number X13544742
Property Type Single Family
Parking Space Total 2

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Unknown
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 700 - 1,100 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 65 Ft
Size Frontage 33 Ft
Size Irregular 33 X 65 Ft
Size Total Text 33 X 65 Ft

https://www.realtor.ca/real-estate/30012930/1324-copperfield-place-windsor

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Mina Bishay
Salesperson

(866) 530-7737

Exp Realty
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8

(866) 530-7737

Dekker Team
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