$575,000

For sale

2316-2318 CHILVER, Windsor - Single Family for Sale

2316-2318 CHILVER, Windsor, Ontario, N8W2V5

6 beds4 baths5,663 sq ft (0.13 ac) lot sizeListed 52 days ago

Overview

This 6-bedroom, 4-bathroom home in Windsor is for sale. It has been on the market 52 days, fresher than the Windsor average of 69 days.

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Description

THE ULTIMATE SIDE BY SIDE DUPLEX in THE PREMIER AREA OF SOUTH WALKERVILLE with a total of 4+2 bedrooms and four baths with hardwood floors, cove ceilings, spacious layout and patio door access to private fenced in yard. Each unit features large kitchen, formal dining room, full finished basements, in suite laundry, on site parking, 2 Furnaces, 2 Central Air Units, 2 Hot Water Heaters (owned) and separate Hydro, Water, and Gas meters. Mature treed lot with 60 foot frontage. EXCELLENT location near Windsor Regional Hospital, Windsor Assembly Plant, EC Row Expressway and minutes to shopping and schools. Start your investment portfolio with this RARE, HIGH CALIBRE DUPLEX WITH A SOLID HISTORY OF RELIABLE INCOME IN A VERY DESIRABLE AREA! 2316 Chilver tenant pays $1945. plus utilities. 2318 Chilver tenant pays $1995. plus utilities. Collect $3940 monthly gross income or live in one unit it and use the income from the other unit as a mortgage helper. (id:66096)

Property Details

MLS®: 26022695
Property Type: Single Family
Zoning: RD1.2
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Lot Size: 5,663 sq ft (0.13 ac)
Storeys: 2
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Listed: 52 days ago

Rooms

Lower level

3pc Bathroom
3pc Bathroom
Laundry room
Bedroom
Storage
Laundry room
Bedroom

Second level

4pc Bathroom
4pc Bathroom
Bedroom
Bedroom
Bedroom
Bedroom

Main level

Kitchen
Dining room

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Flooring: Hardwood, Laminate, Ceramic/Porcelain
Foundation: Block
Exterior: Brick, Aluminum/Vinyl
Lot Features: Double width or more driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Windsor listings, avg age

69d

List price

$575K

Haho

This 6-bed single family in Windsor has been listed for 52 days, which is 17 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REALTY ONE GROUP ICONIC BROKERAGE · MARK KOPCOK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8W)

This home lists at $575,000, about 7.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.

Median household income: $80,000
Population: 24,057
Median age: 41.6
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N8W)

$575,000

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment5.65% · $32,500

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Est. property tax$479/mo

Total monthly$3,487

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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