Welcome to 531 Mill street. This Three-storey, 12-unit brick apartment building is located in one of Windsor's
most reliable rental corridors near the University of Windsor. This solid, well-maintained property offers eight
2-bedroom units, two 3-bedroom units, one 1-bedroom unit, and one bachelor suite. The building is 11 of 12 units
tenanted, with one vacant bachelor suite ready to lease, allowing the new owner to set their own market rent
while stepping into a near-stabilized income property. On-site parking adds valuable convenience for tenants.
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. Assumable
4.25% fixed mortgage with 9.5 years left-offering strong financial advantage in today's rates. CMHC-insured,
this property provides immediate cash flow and long-term investment potential. Contact us today!
PROPERTY SPECS
Price $2,249,000
City Windsor, Ontario
Address 531 MILL Street
Listing ID 26009533
Construction Brick
Roof Asphalt
Flooring Cushion or Lino or Vinyl, Hardwood or Engineered Hrwd, Laminate, Other, See Remarks
Land Size 90 FT FRONTAGE X N/A
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Subtype9 - 12 UnitAcreage0.291OwnershipFreeholdFoundationConcreteHeating / CoolingBoiler, Radiant HeatHeating FuelNatural GasHot Water TankOther, See RemarksUtility WaterMunicipal WaterSewerSanitaryDate ListedApr 29, 2026Days on Market1