$389,000
Windsor
3588 Sandwich Street, Windsor, Ontario, N9C1B5
This 6-bedroom, 2-bathroom home in Windsor is for sale offering roughly 1,750 sq ft of space. Listed at $389,000, it is attractively priced about 19% below the $479,900 median asking price in Windsor.
Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 4 rooms leased at $600/month. The two additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced * (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 115 days on market, against an average age of 69 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $389,000, about 7.2× the local median household income of $54,000.
Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.
Source: Statistics Canada, 2021 Census (FSA N9C)
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