$599,000
1036-40 Gladstone Avenue
Windsor · Windsor
- 8 bd
- 2 ba
- Duplex / Multiplex
Listing brokerage: Platinum Gate Realty
For Sale
Windsor, Windsor, ON, N8S 2C2
$599,999
Turnkey income property with built-in development potential. This fully renovated two-unitproperty generates $3,400/month in rental income and sits on a rare oversized lot with severance potential. Both units have been extensively updated with new flooring, modern kitchens, fresh paint, and a new washer and dryer, while the roof has been repaired, offering a low-maintenance investment. Each unit operates independently with its own HVAC system, including AC and heat pump, controlled by separate thermostats, along with separate hot water tanks, eliminating shared utility concerns. The property sits on approximately 973 m with~21.33 m frontage and includes a side parcel recognized as a separate lot on title. A professional feasibility study confirms strong potential for severance.(Please see attachment) Under current RD1.2zoning, the property permits one single detached and one duplex as-of-right, with potential for two single detached homes subject to minor variance. A rare opportunity for investors or builders to generate strong income while unlocking additional future value.
Monthly payment
—
Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.
Listing brokerage: RE/MAX WEST REALTY INC.
Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$599,000
Windsor · Windsor
Listing brokerage: Platinum Gate Realty
$599,000
Windsor · Windsor
Listing brokerage: Platinum Gate Realty
$529,000
Windsor · Windsor
Listing brokerage: RE/MAX REALTY SPECIALISTS INC.