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$2,300,000
Ontario,Windsor
For Sale Active
531 MILL STREET, Windsor, Ontario N9C2R7
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Basic Details
Description

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! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 26007392
  • Price: $2,300,000
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 48703
Features & Appliances
Features
  • Heating System: Boiler, Natural gas, Radiant heat
  • Parking: Other
  • Exterior Features: Brick
  • Flooring: Laminate, Other, Hardwood, Cushion/Lino/Vinyl
Address Map
  • Location: CA, Ontario, Windsor, N9C2R7
  • Street: MILL
  • Street Number: 531
  • Street Suffix: Street
  • Longitude: W84° 55' 40''
  • Latitude: N42° 18' 2.1''
Additional Information
  • Foundation Details:
  • Lot Size Dimensions: 90 FT FRONTAGE X N/A / 0.291 AC
  • Number Of Units Total: 12
  • Stories: 3.0
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Listing updated: 2026-04-12 10:11:32
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Listing Information
  • List Agent Key: 2076579
  • List Office Key: 48703
  • Modification Timestamp: 2026-04-08T16:15:45Z
  • Originating System Name: Windsor-Essex County Association of REALTORS®
  • Status Change Timestamp: 2026-04-08T16:09:26Z
Powered by REALTOR.ca
Listing updated: 2026-04-12 10:11:33
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