$389,900

For sale

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1408 DOUGALL Avenue, Windsor - Single Family for Sale

1408 DOUGALL Avenue, Windsor, Ontario, N8X1R8

6 beds2 baths34 × 94 ft (3,158 sq ft) lot sizeListed 20 days ago

1479 SOUTHDALE, Windsor, Ontario, N8W5N3

4 bd2 ba

Listed by ROYAL LEPAGE BINDER REAL ESTATE

3587 BLOOMFIELD, Windsor, Ontario, N9C1R8

For saleJust listed

Today

$270K

3587 BLOOMFIELD, Windsor, Ontario, N9C1R8

4 bd2 baLot size 30 × 96 ft (2,903 sq ft)

Listed by LC PLATINUM REALTY INC.

327 LINCOLN Road, Windsor, Ontario, N8Y2G6

For saleJust listed

Today

$395K

327 LINCOLN Road, Windsor, Ontario, N8Y2G6

3 bd2 baLot size 30 × 114 ft (3,420 sq ft)

Listed by REMAX CAPITAL DIAMOND REALTY

For saleJust listed

Today

$440K

975 PARENT, Windsor, Ontario, N9A2E2

6 bd3 baLot size 35 × 137 ft (4,795 sq ft)

Listed by REAL BROKER ONTARIO LTD

Investment analysis

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$389,900

Windsor

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Overview

This 6-bedroom, 2-bathroom home in Windsor is for sale. Listed at $389,900, it is attractively priced about 19% below the $479,900 median asking price in Windsor. It has been on the market 20 days, fresher than the Windsor average of 69 days.

Houses for Sale in Windsor →All real estate in Windsor →

Description

Fantastic investment opportunity in a prime windsor location! This property features 4 bedrooms on the upper level and a newly renovated 2-bedroom lower level with its own kitchen. The upper unit is currently rented for $2,000/month, the lower level is generating $1,550/month, offering $3,550/month in total rental income. Modern updates throughout the finished lower level add excellent rental appeal. (id:66096)

Property Details

MLS®: 26025366
Property Type: Single Family
Zoning: RD1.3
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 2
Lot Size: 34 × 94 ft (3,158 sq ft)
Year Built: 1922
Storeys: 1
Style: Bungalow
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Listed: 20 days ago

Rooms

Lower level

Laundry room
3pc Bathroom
Kitchen/Dining room
Bedroom
Bedroom

Main level

Laundry room
Living room
3pc Bathroom
Bedroom
Bedroom
Bedroom
Bedroom
Kitchen

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Central Vacuum, Dryer, Microwave Range Hood Combo, Two stoves, Two Refrigerators
Flooring: Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Brick, Aluminum/Vinyl
Lot Features: Rear Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Windsor listings, avg age

69d

List price

$390K

Haho

This 6-bed single family in Windsor has been listed for 20 days, which is 49 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REMAX CARE REALTY · GORAN TODOROVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8X)

This home lists at $389,900, about 6.5× the local median household income of $60,000.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.

Median household income: $60,000
Population: 16,457
Median age: 39.2
Owner / renter: 52% / 48%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N8X)

$389,900

For sale

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Full Cost Breakdown

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Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Est. property tax$325/mo

Total monthly$2,379

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice