Team Moose
Mustapha Sinjari & Suhail Mohamed
531 Mill Street,
Windsor ON
N9C 2R7 - Near University of Windsor
A near-stabilized, 12-unit brick building in Windsor's most reliable rental corridor - 11 units tenanted, one vacant suite ready to lease at market rate.
531 Mill Street is a three-storey, 12-unit brick apartment building positioned steps from the University of Windsor. The building carries an assumable 4.25% fixed mortgage with 9.5 years remaining - a material advantage in today's rate environment. CMHC-insured. Twelve individual hydro meters separate utility costs by unit, reducing landlord exposure. On-site parking serves tenants directly. One vacant bachelor suite gives a new owner the immediate ability to set their own market rent while stepping into a building that is already producing income.
Three Floors of Solid Brick
The full three-storey mass reads clearly from the driveway approach. Brick construction, black-railed balconies on each floor, and a 12,676 sq ft lot with on-site parking to the left.
Tile treads, a blue-painted handrail, and fire-rated doors at each landing. The vertical circulation core connects all three floors.
The staircase is the spine of the building - a repeating geometry that climbs through all three levels and anchors each floor's corridor.
Tile steps and painted block walls speak to durable, low-maintenance finishes suited to a high-turnover rental building near a university. The blue fire doors are code-compliant and consistent across floors.
The building runs a functional boiler heating system. Twelve individual hydro meters, installed separately for each unit, mean tenants pay their own electricity - a direct reduction in operating costs for the owner.
12 Units. 11 Tenanted. One Ready to Lease.
The building's mix targets the rental demand profile of a university-adjacent corridor: predominantly two-bedroom units, with larger three-bedroom suites and a bachelor to round out the rent roll. Eleven of twelve units are currently tenanted. The one vacant bachelor suite is a direct opportunity for a new owner to set market rent from day one.
| Type | Count | Status |
|---|---|---|
| 2-Bedroom | 8 units | Tenanted |
| 3-Bedroom | 2 units | Tenanted |
| 1-Bedroom | 1 unit | Tenanted |
| Bachelor Suite | 1 unit | Vacant - Set Market Rent |
Upper-floor corridor - tile floor, painted block walls, unit doors repeating down the hall.
The Financial Structure
An assumable mortgage and CMHC insurance are the headline numbers.
Interior Material Index
A guided look at finishes across the unit types
White cabinetry, tile backsplash, wooden floating shelves, recessed ceiling lights, wood-look flooring.
Dark cabinetry, multicolour tile backsplash, stainless refrigerator, overhead fixture.
Grey walls, wood-look flooring, recessed lighting, open sightline to kitchen.
Sliding glass door to balcony. Selected units carry this direct outdoor connection.
Glass shower door, vanity with sink, large framed mirror, tiled floor.
Metal railing, concrete deck, open view over the parking area and Windsor neighbourhood.
A Reliable Rental Corridor, Not a Speculative Bet
531 Mill Street sits in a Windsor neighbourhood with consistent rental demand driven by proximity to the University of Windsor. This is the kind of location where vacancy is a brief window, not a chronic condition. The building's unit mix - weighted toward two-bedroom suites - aligns directly with the student and young-professional tenant pool that keeps this corridor occupied year over year.
On-site parking is a practical differentiator in a city where car ownership remains common among renters. The boiler heating system services the building centrally, while the 12 individual hydro meters put electricity squarely on each tenant's account.
Windsor's position as a border city with a growing university and active employment base supports the long-term case for income-producing residential property in this corridor.
