819-829 RIVERSIDE DRIVE E|Windsor, Ontario N9A2T4
| $ 2,966,888 | 5 days ago |
Property Description
Rare Riverside Land Assembly. Opportunity to pivot from highly saturated markets and explore a Windsor investment where the numbers may make more sense. Approx. 22,312 sq. ft. connected site with exposure across 3 street frontages, including a high-profile corner position, offering strong potential upside for builders, developers, and investors. Planning Consultation Stage 1 Letter and architectural drawings available for a proposed multiple dwelling concept with approx. 112 m / 37 storeys, 338 units, and 300 parking spaces, which, if approved and constructed, may represent one of Windsor's tallest residential developments. Existing 3 houses offer a combined 12 bedrooms, 4 bathrooms, and approx. $5,100/month rental income for holding income. Strong Riverside location with potential Detroit skyline / riverfront views depending on final design and approvals. Windsor offers comparatively affordable acquisition pricing compared to many major Canadian markets, with strong rental demand and potential for higher Riverside-area rents. Buyer may explore CMHC MLI Select financing for future rental development, subject to all lender, CMHC, zoning, design, affordability, energy efficiency, accessibility, and municipal requirements. Buyer and buyer's agent to verify zoning, services, setbacks, parking, income, expenses, financials, architectural drawings, planning process, CMHC eligibility, rent potential, development potential, and all approvals. Seller and listing brokerage make no representation or warranty. Architectural drawings, Planning Consultation Stage 1 Letter, planning process details, and financials available upon request after signed confidentiality agreement. (42818226)
🍎 Essential Lifestyle & Services
Enjoy the perfect balance of lifestyle and connectivity. You're just moments away from top-rated supermarkets, cafes, schools, parks, and essential healthcare facilities. For commuters, you have easy access to both GO Transit and local bus routes, making this the perfect location for your lifestyle.
📍 819-829 RIVERSIDE DRIVE E|Windsor, Ontario N9A2T4
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$ 2,966,888
5 days agoAvailable: 0 Square Feet
0 Square Feet |
$0.00 CAD
(0%)
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Investment Type
Onetime
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Profit
$2,966,888.00 CAD
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Profit Schedule
Onetime
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Capital Back
Yes
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Profit Return
After Investment Completion
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