 |
| PROMOTIONAL PACKAGE |
| 1033 WIGLE, WINDSOR, N9C 3M7 |
Ontariorci was created to provide our clients full real estate solutions in the South Western Ontario Region. As our clients have grown, so have we; our system has continually improved, and will continue to improve, in order to strive to provide some of the best service that can be provided in the real estate industry. People often ask what the RCI in our name represents: this stands for Residential, Commerical and Income properties. We have found that these are our three areas of expertise and continual success. For more information about us and additional information on crime statistics, economic indicators, demographics etc., please visit our main site at www.ontariorci.com
. |
| |
|
| Bedroom Units |
6 |
| Address |
1033 WIGLE |
| City, Province: |
WINDSOR, N9C 3M7 |
| Sd/Rd: |
West |
| Cross Street: |
COLLEGE |
| Legal Description |
PL 1166 LTS 25-26 |
| Prop Size: |
77.5 X 109.66 |
|
|
|
| Property Overview |
ATTENTION INVESTORS: FULLY RENTED UNTIL APRIL 2012!!. A TRUE TURN KEY GEM SITUATED 400M AWAY FROM THE NORTH END OF THE UNIVERSITY OF WINDSOR CAMPUS. A NEWER BUILD W/MASSIVE BDRMS & A SPRAWLING U/GR GARAGE. RECENT IMPROVEMENTS INCLUDE PROGRAMMABLE THERMOSTATS (`09), 25 YR ROOF (`08), SEWER (`08), HEAVY COSMETIC RENOVATIONS (`08). CONDO CONVERSION UNDERWAY & ASSUMABLE. SELLER IS L/S.
|
|
Virtual Tour |
|
|
| Property Documents |
|
|
| |
|
|
|
|
|
| Type: |
Income Property |
| Property Offered Is: |
Building & Land |
| Property Usage: |
Residential Only |
| Foundation: |
Concrete |
| Exterior: |
vinyl, Brick |
| Roof: |
Asphalt Shingle |
| Water |
Municipal |
| Sewer |
Sanitary Connected |
|
|
| Heating / AC: |
Baseboard, Remarks
|
| Fuel: |
Electric |
| Flooring: |
Carpet Wall/Wall, Ceramic, Laminate, Tile |
| Equipment: |
Refrigerator, Stove, Washer/Dryer, Remarks |
| Misc. Docs: |
Retrofit Cert. Yes, Survey No, Work Order No |
| Amenities: |
Indoor Parking, Other, |
| HW Tank: |
Electric, Owned |
|
|
|
|
| Bedroom Units: |
6 |
| Bach. Units: |
|
|
|
|
| 1 Bedr Units: |
|
| 2 Bedr Units: |
6 |
|
|
|
| 3 Bedr Units: |
|
| 4 Bedr Units: |
|
|
|
|
|
|
|
- 1033 Wigle is a 15 year old townhouse style structure within short walking distance of the University of Windsor. The current Vendor has geared the property to a student rental use, with a history of full tenancy. They units are quite easy to rent, owing to the largest bedrooms (3 per unit) around the University, 2 bathrooms per unit, the units being newer (almost all rental units around the University are at least 60 years old). It’s one the best turnkey opportunities that will be seen around the University this year. Vendor is selling to pursue larger opportunities.
- Recent improvements include 25 year roof (’08), sewer (’08), heavy cosmetic renovations (’08), programmable thermostats (’09), low flow faucets and shower heads (’09).
|
|
PROS: |
- Top property managers with a proven track record are already in place, making this a true turnkey operation.
- Large underground garage allows for additional income.
- Property is prepped and ready for condo conversion; only the final step (taking it to City Hall for approval) remains.
- Property has a 6 year history of always being fully rented to responsible University students.
- Property is fully rented until April 30, 2011.
- The bedrooms – which students care about the most – are the largest around the University.
- Building is pre-approved with the RBC for up to an 80% Loan to Value mortgage. Vendor willing to consider additional creative financing.
|
|
CONS: |
- The rent is a little low for the garage, but it can (and should) be raised over time.
|
 |
Ontariorci was created to provide our clients full real estate solutions in the South Western Ontario Region. As our clients have grown, so have we; our system has continually improved, and will continue to improve, in order to strive to provide some of the best service that can be provided in the real estate industry. People often ask what the RCI in our name represents: this stands for Residential, Commerical and Income properties. We have found that these are our three areas of expertise and continual success. For more information about us and additional information on crime statistics, economic indicators, demographics etc., please visit our main site at www.ontariorci.com
.
|
 |
|
 |
|
 |
|
| | |
