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$ 320,000
Est. payment /mo
Active
1324 Copperfield PL Out Of Area, ON N8S 4G9
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
MLS Listing ID X13544742
Style 2-Storey
Bedrooms 3
Annual Tax Amount $1,760
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Canada
Area Canada
Rooms
Family Room No
Basement Development Potential
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 33.0
Lot Depth 65.0
Total Parking Spaces 2
Building
Foundation Unknown
Others
ParcelsYN No
Listed by EXP REALTY