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1324 COPPERFIELD PLACE, Windsor — listed at $320,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
1324 Copperfield Place, Windsor is an investment property within a portfolio. 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. (id:60164)
What's the parking situation?+
This property includes 2 spaces — No Garage.
Is 1324 COPPERFIELD PLACE a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the space laid out across floors?+
This is a 2-storey single family. The 3 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $1,760, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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