18 bedrooms for $650,000: A look at a curious case in Windsor real estate

The vandalized and garbage-strewn house at 663 Marentette Ave. might not look like much, but it's a rarity when it comes to properties in Windsor, Ont., as evidenced by the real estate listing promoting it as having 18 bedrooms.

Goran Todorovic of RE/MAX CARE Realty, whose team was responsible for the listing, described the property as an "enormous investment opportunity." Such potential might not be obvious: The home's doors and windows have been boarded up. There's exposed wiring on the exterior.A view of the damaged interior of 663 Marentette Ave. in Windsor. Todorovic said the house has no heat and requires new plumbing. He estimated at least $150,000 worth of renovation are need to make the property habitable.Todorovic said there were offers within days of the listing going public. The seller accepted one on Feb.

"So, prior to that RD2.2 zoning coming into effect, this property would have been established as a lodging house, legally, and that use can continue as long as it's being used for that purpose." "They are permitted throughout the city, but not typically in lower density, lower profile neighbourhoods," Atkinson said.The house at 663 Marentette Ave. needs a lot of work, but it didn't dissuade the buyer. Despite homes of this nature being far from prevalent, their existence still raises concerns for some community advocates.

Source: Real Estate Daily Report (realestatedailyreport.net)

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