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1219 MONMOUTH ROAD, Windsor — listed at $1. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime Olde Walkerville Investment: Exceptional opportunity to acquire a turnkey, cash-flowing 8-unit multi-residential building in one of Windsor's most highly sought-after neighbourhoods. Situated just a short stroll from Willistead Park, City Market, premier local dining, boutique shopping, and schools, this location guarantees exceptionally strong tenant demand. With significant capital improvements already completed, this property is optimized for premium market rents. Lucrative Unit Mix: Four 2-bedroom suites and four 1-bedroom suites.Upgraded Utilities: Modernized electrical with separate tenant hydro meters, updated plumbing, and five newly installed heat pump systems.Premium Suite Finishes: 80% of suites have been completely renovated. Tenant Amenities: Newly added coin-operated laundry facility (generating additional income), individual storage closets, and 8 dedicated parking spaces.Detailed Renovation List: Fully Renovated Suites (Units 1, 2, 5, 7, & 8). These units were taken down to the studs and completely gutted. New mini-split systems and hot water tanks.New flooring throughout.Brand-new kitchens with modern cabinets and stainless steel appliances.Brand-new bathrooms featuring new wall and floor tiles.Updated in-unit plumbing and new radiators for backup heat.Partially Updated Suites Units 3 & 4: Updated flooring, fresh paint, updated plumbing, and new hot water tanks.Unit 6: Updated flooring and fresh paint.Common Area & Exterior Upgrades: New common area flooring, updated hallway lighting, fresh paint (including doors), and new carpet on the stairs.Laundry: Brand-new coin laundry facility installed, including all-new plumbing and a resurfaced front porch, new exterior paint, new wood on the entrance, and fresh grass laid in the front yard. The entire back parking lot was scraped and redone with new stone and parking curbs. Rear emergency exit completely renovated (Fall 2025).Perimeter: Brand-new fencing installed between buildings besides (id:60164)
Is there air conditioning?+
Yes — partially air conditioned cooling is in place.
What's the parking situation?+
This property includes 8 spaces.
Is this a good starter home?+
At $1, this is priced in starter-home territory for Windsor. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, other. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $13,202, heating is forced air, other. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 1219 MONMOUTH ROAD best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
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