$1,399,900

For saleJust listed

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225 Watson, Windsor - Single Family for Sale

225 Watson, Windsor, Ontario, N8S3R8

10 beds6 baths37,984 sq ft (0.87 ac) lot sizeListed 2 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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$1,399,900

Windsor

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Overview

This 10-bedroom, 6-bathroom home in Windsor is for sale. It has been on the market 2 days, fresher than the Windsor average of 69 days.

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

Description

Perfect for owner living in on early retirement, or investor. This property presents a strong value-add and optimization opportunity, particularly due to its rare land size (nearly one acre) and high-density RD 3.15 zoning in prime area off Riverside Drive, next to newly built charming condo complex, 6 spacious units: 4 x 2 bdm, 1-1 bdm and 1 bachelor unit. Massive cement block & plaster construction, brick building with 2 concrete staircase, atrium, balconies, 8 parking spots, 4 car garage with partly finished living space in the upper lvl- drywall, patio door, 3 skylights, plus solar panels with extra income. One 2 bdm unit currently vacant for the buyer personal use. Dont miss this fantastic deal. (id:66096)

Property Details

MLS®: 26026919
Property Type: Single Family
Zoning: R3.15
Bedrooms: 10
Beds (above / below): 8 above · 2 below
Bathrooms: 6
Lot Size: 37,984 sq ft (0.87 ac)
Year Built: 1971
Storeys: 2
Heating: Baseboard heaters, Space Heater, Electric, Natural gas, Furnace
Garage: Detached Garage
Ownership: Freehold
Listed: 2 days ago

Rooms

Main level

3pc Bathroom
Bedroom
Bedroom
Kitchen
Living room/Dining room
Foyer
3pc Bathroom
Bedroom
Bedroom
Kitchen
Kitchen/Dining room
Foyer

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Laminate, Carpeted, Ceramic/Porcelain
Foundation: Block
Exterior: Brick
Lot Features: Paved driveway, Side Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Windsor listings, avg age

69d

List price

$1.40M

Haho

This 10-bed single family in Windsor has been listed for 2 days, which is 67 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REMAX PREFERRED REALTY LTD. - 585 · BARBARA OCZACHOWSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8S)

This home lists at $1,399,900, about 19.3× the local median household income of $72,500.

Carrying it typically needs a household income of about $273,449 (20% down, 25-yr amortization, stress-tested) — roughly 277% above the area median.

Median household income: $72,500
Population: 22,354
Median age: 46.8
Owner / renter: 64% / 36%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N8S)

$1,399,900

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,990

Min 8.21%50%

Mortgage payment$7,124/mo

↳ CMHC premium ($51,396 capitalized)

Est. property tax$1,167/mo

Total monthly$8,290

Cash Needed to Close

Down payment (8.21%)$114,990

Land transfer tax$24,473

Est. closing costs$6,700

Total cash needed$146,163

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