738 Brock St - Multi-Family FOR SALE


Windsor, ON N9C 2T4
$349,900 CAD
226-773-8981
738 Brock St, Windsor, ON for Sale
$349,900 CAD
Multi-Family - FOR SALE
1/28
null | Request Cap Rate

738 Brock St
Windsor, ON N9C 2T4


HIGHLIGHTS

  • Existing site plans and floor plans prepared in collaboration with City planners by an experienced developer.
  • Flexible ownership model allows rental income during pre-development period.
  • Projected gross revenues between $135,000 and $190,000 annually with significant valuation growth post-development.

OVERVIEW

738 Brock presents a unique investment opportunity in Windsor’s rapidly developing Sandwich Towne district. Offering strong potential for redevelopment. Investors and developers will appreciate its proximity to the University of Windsor and St. Clair College, making this location highly desirable for student rentals and income-generating projects. The property benefits from the Sandwich Towne Community Improvement Plan (CIP), which provides incentives including development charge relief and a 10-year property tax rebate. Existing site plans and floor plans have been professionally prepared in consultation with the City, ensuring confidence in project feasibility. Projected gross annual revenues range from $135,000 to $190,000 depending on development type, with end-value estimates reaching $2 to $3 million. Buyers can acquire and hold, as the property can be rented before initiating redevelopment strategies. This opportunity aligns with Windsor’s continued growth trend and offers strong upside for long-term returns.

FOR SALE DETAILS

PRICE

$349,900 CAD

PRICE/SF

$175 CAD /SF

# OF UNITS

2

PRICE/UNIT

$174,950

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

R2.2

APN/PARCEL ID

CUSTOM-3727719

ASK ABOUT THIS PROPERTY

Matthew BuschmanSynergy Real Estate GroupMore Info
226-773-8981

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Matthew BuschmanSynergy Real Estate GroupMore Info
226-773-8981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.