Description

 Price: $ 2,966,888.00 MLS^®: X13099192         Location : 819-829 RIVERSIDE Drive E, Windsor, ON N9A 2T4

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.

Location Description

RIVERSIDE & MARENTETTE

Property Details

• Community: Windsor
• Property Type: Tenant/Residential Freehold
• Bedrooms: 12
• Bath: 4
• Garages: None

Building Features

• Foundation Type: Block
• Construction Material: Brick
• Total Parking Space: 3

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,

Media