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$439,933 680 Cameron Ave, Windsor, Ontario
Nearby/within neighbourhoods: University and Ward 2 and City Centre
Bedrooms:12Bathrooms:4
Lot Size:12,870 sqft (90' x 143')Taxes:$4,981
Year Built:2008  
680 Cameron Ave, Windsor, Ontario property
Provided by: bytheowner.com Property description:

www.WjbRentals.com Rental income property development and management specialist WJB Property Management is releasing 4 plex 680 Cameron Avenue For Sale.This new building is in the final stages of development and will be provided fully leased. This turn key investment property includes professional property management services at your option.Concrete driveways and sidewalks will be completed in June 2010. Landscaping will be finished in fall 2010. Strategically located between the University of Windsor and downtown is 680 Cameron Avenue. This building is 4 blocks east of the of the new $112-million Centre for Engineering Innovation which is currently under construction. This new faculty once completed will employ an additional 2000 graduate students and university engineering staff.680 Cameron Avenue includes 4 residential units measuring 1116 squre feet each featuring 3 large bedrooms. This building has 4464 square feet of finished space. 40 year shingles, 2X6 wall construction and full brick exterior. Each unit has a kitchen, living room, dining room, 4 piece bathroom, in-suite laundry, separate utilities, high efficiency gas furnace and central air conditioning, fridge, stove, washer and dryer. Parking for 12 cars. Hardwood laminate and ceramic flooring throughout all units. Window blinds installed. Three exterior mini storage units measuring 10 X 10 are located at the rear of the property for garbage and tenant storage.Additional land value component with lot measuring 90 X 145 feet. Previous City of Windsor approval for 12 unit residential. Professional property management services available at your option for 7% of the monthly rent. Leasing fee extra.Net annual income of $27,630.49 calculated on gross annual income of $51,606.36 and expenses of $23,975.87 based on a 20% down payment and financing $352,000.00 with a variable rate mortgage at 1.90%. Contact William Beattie for current cashflow statement. Invest $88,000.00 today for a 31.4% immediate return on investment plus capital gain.Call Developer and Property Manager William Beattie at 519-913-1621 now to inquire.DO NOT disturb Tenants. Make all offers conditional on inspection. Buyer to verify all specifications and dimensions. Income and expenses subject to change depending on market. Survey included (2008). 2.5% CBwww.WjbRentals.com

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As a Windsor home, this listing has 12 bedrooms and 4 bathrooms and a listing price of $439,933. The property taxes are $4981. The original listing of this property is by www.bytheowner.com which you can visit for more details. This Windsor, Ontario real estate property is located at 680 Cameron Ave.