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1747-1767 University Avenue W Windsor, Ontario N9B 1C5

None Baseboard Heaters

$4,650,000

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. (id:45725)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X14124258
Property Type Multi-family
Features Elevator
Parking Space Total 20

Building

Appliances Dryer, Washer
Cooling Type None
Heating Type Baseboard Heaters
Type Multi-family
Utility Water Municipal Water

Parking

Underground

Land

Acreage No
Size Depth 181 Ft ,1 In
Size Frontage 70 Ft ,4 In
Size Irregular 0.288
Size Total 0.288 Ac
Size Total Text 0.288 Ac
Zoning Description Cd2.2

https://www.realtor.ca/real-estate/30452472/1747-1767-university-avenue-w-windsor

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