$4,650,000
Available - For Sale
Listing ID: X14124258
1747-17 University Avenue West , Windsor, N9B 1C5, Essex
| Marla Manor presents an exceptional opportunity to acquire a 34-unit mixed-use asset in Windsor's University District. This five-storey, elevator-served building features 32 residential suites plus 2 street-front commercial units, with a suite mix of 1x bachelor, 10x 1 bed, 17x 2 beds and 4x 3 beds. The property offers strong in-place income today, complemented by meaningful value-add potential. With six current vacancies available for lease-up and additional rental upside across the existing portfolio, a purchaser has the opportunity to grow income while acquiring an already established and performing asset. Marla Manor has benefited from significant capital investment over the years, including exterior brick, window and roof-ledge waterproofing, upgraded fire alarm system, backflow and water-valve replacements, and continued suite improvements. Additional features include a 20-space underground parking garage, coin laundry, buzzer entry, and security cameras. Ideally positioned minutes from the University of Windsor and Ambassador Bridge, with transit, retail and everyday amenities nearby, the property offers a compelling combination of scale, location, current income and future upside. |
| Price | $4,650,000 |
| Taxes: | $74257.17 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1747-17 University Avenue West , Windsor, N9B 1C5, Essex |
| Postal Code: | N9B 1C5 |
| Province/State: | Essex |
| Directions/Cross Streets: | University Ave W/Campbell Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 0.29 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| RE/MAX MILLENNIUM REAL ESTATE |
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|
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Essex |
| Municipality: | Windsor |
| Neighbourhood: | Dufferin Grove |
| Tax: | $74,257.17 |
| Fireplace: | N |
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