Inside a Unique Investment Opportunity in Windsor Ontario

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This week, we are touring one of the most unique investment houses in Windsor City Ontario Canada - Follow us on Instagram @SaifAljumailii , @SarahAljumailii - !
For any business inquiries and if you want your property to be featured on our channel please contact us at: (we have WhatsApp too)
Saif-jumaili
Sarah Al-jumaili
Realtors®
📱(519) 992-7678
📱(519) 992-9789
Follow us on our social channels in the links below
linktr.ee/saifjumaili
linktr.ee/sarahaljuamili
Property Address: 1535 Goyeau St Windsor Ontario Canada
Price: $ 299,000
Specs:
3 Beds 1 Baths
Property Description:
Discover the charm of this delightful 3-bedroom, 1-bathroom ranch home located at 1535 Goyeau Street. As you step inside, you'll find the main floor adorned with two spacious bedrooms and a full bathroom, perfect for comfortable living. The basement expands the home's versatility, featuring a third bedroom with a separate entrance. This offers excellent potential to create a second unit, whether for additional living space, a rental opportunity, or an in-law suite.
Nestled in a convenient area, this home is close to essential amenities, reputable schools, and serene parks, making it an ideal choice for families and individuals alike. The property is currently tenanted, with the tenant paying $1800 per month plus utilities, presenting an attractive investment opportunity. However, if you prefer vacant possession, this is also possible as the tenant has signed an N11 form.
Whether you choose to maintain it as a rental or make it your own, 1535 Goyeau Street combines comfort, convenience, and potential. Don't miss out on this versatile property that offers both immediate returns and long-term possibilities.
Time Codes:
00:00 Introduction
00:25 Exterior
01:40 Backyard & Grade entrance
03:40 Livingroom
05:12 Kitchen
06:45 Bedrooms
09:12 Basement
11:45 Basement separate entrance
13:15 Last Bedroom
14:00 Outro

Опубликовано:

9 июл 2024

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Комментарии : 3

@swilhelm3180 4 дня назад

You two are very impressive working together. Not easy for anyone. But what would make it better is if you mentioned in the beginning what each of you is more interested in. Real estate is vast and it really helps in a team if each focuses on different areas. You both speak clearly but there is still a pronounced accent so you might want to turn the music down a bit. I'm a native English speaker listening with a high quality audio system. Others aren't so lucky and will miss some of your words with that music on or at that level. Mentioning the revenue is so good. Canadians need to wake up to the smart choice of renting out part of their house. Taking this way further one could chop up the house into small rooms of about 100 sq ft each and probably get at least $500/month from each resulting in far higher revenue, especially if the basement is done this way. Speaking of basements, if zoning allows for another entrance that is so good and should be mentioned. Most Canadians zoning laws are unfortunately extremely restricting. Renting this way works better if the owner is in a different part of the house or different floor. It's a lot easier if the owner is single as well. Women can rent to all women so there's no need for women not to embrace this very smart way of paying off your mortgage fast. Like in 5-10 years. If you're working at a decent job then it could be 3 years. Most Canadians seem to be very bad at math and don't realize the insanity of paying as much interest as you paid for the house! I can see you have a very pragmatic view of money. Real Estate in Canada, especially for residential, needs your way of thinking so much more. Canadians often buy on impulse and this is a horrendous mistake they pay for their entire lives.

@saifandsarah 2 дня назад

Thanks for your comment, we really appreciate the positive feedback and we will work on your suggestions 🙏🏻

@swilhelm3180 9 часов назад

@@saifandsarah I do wonder when the construction industry will wake up to rental revenue as the best way of getting ahead financially so houses would be constructed so the owner lives in a small percentage of the space and the rest is just chopped up into smallish, well soundproofed, 100 sq ft rooms rented to individuals with no space wasted in living or dining rooms, rec rooms, media rooms, home office, library, etc. In most non high demand areas that translates to about $500-600/month for each room. So just a medium sized basement could bring in $5000 a month. Then the main floor could be about $4000 as it would have a little more floor area as the furnace/hot water heater and laundry would be in the basement, but would need to house the kitchen and bathroom(s). And the owners could live on the top. Think of what $9000/month could do to a mortgage. And this could happen in a $300,000 house in most towns/cities of the country. The whole market is asleep to this potential. Zoning laws may need to be stretched a bit though....:) Helps if your tenants don't drive and are ultra quiet coming and going.