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.