2885-2889 HOWARD AVENUE
About this home
Exceptional opportunity to acquire the 87-room Ivy Rose Motel and the iconic Hi-Ho Diner in one of Windsor’s most trafficked areas. Motel features all new furniture in every room and offers a strong mix of long-term multi-room suites and short-stay accommodations, generating consistent high turnover. The Hi-Ho Diner, established in 1937 and famous for its “Grumpy Burger,” was a 1950s–60s hotspot and revived in 2017 with original recipes. Restaurant also enjoys high customer turnover and recent upgrades including new roof, new 10-ton A/C unit, and fully renovated kitchen. Turnkey hospitality and restaurant investment with strong brand recognition and income potential. (id:63107)
How this compares
1,346 active in WindsorComparisons use current asking prices from the live MLS® feed — not sold prices, which this feed does not carry.
Similar homes, by asking price
The median asking price for 99 industrial listings in Windsor is $895,000. This home is 1006% above that.
Based on current asking prices of comparable active listings, not sold prices — sale prices are not published in this data feed. For what a home is actually worth, ask Harjeet for a comparative market analysis.
Browse all Windsor listings →Monthly cost
$46,708/ month, before tax
This listing doesn't state its property tax, so it isn't in the figure above. Ask for it before you rely on this — it is usually a few thousand a year.
- Mortgage (principal + interest)
- $45,121
- Property tax
- —
- Home insurance
- $1,303
- Heat, hydro and water
- $285
$1,980,000 down
- Mortgage amount
- $7,920,000
Canadian semi-annual compounding. Property tax follows the MPAC assessed value, not the price, so it is left for you to enter. Insurance and utilities are estimates you can change. Estimate only — not a mortgage approval, quote, or offer of financing.
Getting around
- Healthcare
- 86th pct
- Schools (K-12)
- 41st pct
- Child care
- 84th pct
- Jobs
- 91st pct
Percentiles among Windsor-Essex dissemination blocks, walking mode. Measures how easily amenities can be reached — not their quality. Adapted from Statistics Canada, Spatial Access Measures, 2024. This does not constitute an endorsement by Statistics Canada of this product.