Realestate

Property Details

1 of 7
$320,000
1324 Copperfield Place, Out of Area, ON N8S 4G9
3
3
MLS®X13544742
Property Type
Residential Freehold
Sub Type
Detached
Heating
Forced Air
Cooling
Central Air
Lot Size
65 x 33 Feet
Approx Age
N/A
This is an investment property offered as part of a 15-property multifamily portfolio for sale across Hamilton, Windsor, Port Colborne, and Oshawa, Ontario. Properties are available individually or as a complete package. For full portfolio details, financials, and rent roll, contact Mina Bishay at eXp Realty. 1324 Copperfield Place, Windsor is a single detached home offered at a 5.96% in-place cap rate on current rents. This fully-tenanted property generates $23,400 in gross annual rent and $19,060 NOI/Profit. The home is currently rented as a single unit under a lease structured so the tenant pays all utilities and is responsible for repairs, leaving the landlord to cover only property tax, insurance, and hot water tank rental - keeping operating costs unusually low. Basement layout and separate-entrance potential offer a clear path to reconfigure the home into a multi-door rental, letting a new owner add doors, increase gross rent, and grow NOI from a single-unit base. As the most affordable entry point in the portfolio, in an improving Windsor market, it also provides geographic diversification alongside room for appreciation and a low-cost way to test a conversion strategy.
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