I.L. Peretz House | 1653 Ouellette Av
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I.L. Peretz House 1653 Ouellette Av
71 Unit Apartment Building For Sale Windsor, ON N8X 4W8
Executive Summary
CBRE Limited (“CBRE” or “The Advisor”) has been retained by the Seller as exclusive agent to arrange for the offering and sale of 1653 Ouellette Avenue, Windsor, Ontario (the “Property”).
The Property is an 11-storey multi-residential apartment building consisting of 71 residential units (40 - One Bedroom and 31 - Two Bedroom) in Central Windsor within minutes of the EC Row Expressway and steps from 59-acre Jackson Park. The building was constructed in approximately 1972 with 7 residential units across each upper floor and one main floor residential unit plus full commercial kitchen with dining area. The Property also offers 45 parking stalls with 16 surface and 29 underground stalls available. 1653 Ouellette presents a very rare value-add opportunity for investors to acquire a 100% freehold interest in a central Windsor multi-residential property with significantly below market rents.
The Property is an 11-storey multi-residential apartment building consisting of 71 residential units (40 - One Bedroom and 31 - Two Bedroom) in Central Windsor within minutes of the EC Row Expressway and steps from 59-acre Jackson Park. The building was constructed in approximately 1972 with 7 residential units across each upper floor and one main floor residential unit plus full commercial kitchen with dining area. The Property also offers 45 parking stalls with 16 surface and 29 underground stalls available. 1653 Ouellette presents a very rare value-add opportunity for investors to acquire a 100% freehold interest in a central Windsor multi-residential property with significantly below market rents.
Property Facts Under Contract
| Sale Type | Investment | Building Class | B |
| No. Units | 71 | Building Size | 100,000 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 11 |
| Apartment Style | Mid Rise | Year Built | 1982 |
| Sale Type | Investment |
| No. Units | 71 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Building Size | 100,000 SF |
| Average Occupancy | 99% |
| No. Stories | 11 |
| Year Built | 1982 |
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | - | - |
| 2+1.5 | 31 | - | - |
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Walk Score ®
Very Walkable (81)
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I.L. Peretz House | 1653 Ouellette Av
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