$470,000
1815 Iroquois Street, Out of Area, ON N8Y 1S1


Out of Area, ON N8S 4G9
3 Bed · 3 Bath · Detached
MLS #X13544742
Listed Price
1324 Copperfield Place, Windsor is an investment property within a portfolio. A single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23,400 in gross annual rent and $19,060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy.
Bedrooms
3
Bathrooms
3
Square Feet
700-1100 sqft
Property Type
Detached
Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
1324 Copperfield Place, Out of Area, ON N8S 4G9 is a 3-bedroom, 3-bathroom 2-storey detached with approximately 700-1100 square feet of living space, situated on a 33 65 foot lot. This property is currently for sale at $320,000. The home features a none garage and a development potential basement.
Whether you are looking to buy, sell, or lease in this neighbourhood, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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