Any one investing in Windsor? new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA. However while people in Windsor doesn't have the luxury of high paying jobs that GTA residents have, is it just a temporary fever of buying houses, or there is really something going on in this city ?
There is a lot of new things about to break ground. In the next 5 years, we have 2 twin span international bridge projects, a new hospital, and the expansions of the university and college. We also have interest from some new car companies that are looking at the facilities in Windsor for re-purposing to use for EV manufacturing. We also have a huge budget allowance from the city over the next few years to improve public transportation measures within the city. It seems like everyone is preparing for a big boost.
The current growth rate seems feverish but I've seen a lot of houses going up to prepare for the influx of population.
If you have any questions, I'm available to answer them. PM me or post in this thread and I'll start following it. Another place to look is: https://www.biggerpockets.com/forums/86/topics/621036-investing-in-windsor-ontario?highlight_post=4170358&page=5#p4170358
@Scott Innocente , has been a huge asset to me in finding decent MFRs and off market possibilities. He's efficient and personable and is very able to assist you with questions if needed.
Hope to discuss this with you further,
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