$344,999

For sale

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502 MCKAY, Windsor - Single Family for Sale

502 MCKAY, Windsor, Ontario, N9B1Z8

5 beds3 baths30 × 101 ft (3,035 sq ft) lot sizeListed 23 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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$344,999

Windsor

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Overview

This 5-bedroom, 3-bathroom home in Windsor is for sale. Listed at $344,999, it is attractively priced about 28% below the $479,900 median asking price in Windsor. It has been on the market 23 days, fresher than the Windsor average of 69 days.

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

Description

WELCOME TO 502 MCKAY! AN INCREDIBLE OPPORTUNITY FOR INVESTORS AND FAMILIES ALIKE! THIS SPACIOUS HOME HAS UNDERGONE EXTENSIVE RENOVATIONS, OFFERING AN IMPRESSIVE COMBINATION OF SPACE, FUNCTIONALITY, AND POTENTIAL! FEATURING 3 + 2 BEDROOMS, 2.5 BATHROOMS, AND A CONVENIENT GRADE ENTRANCE WITH POTENTIAL FOR A SEPARATE MOTHER IN-LAW SUITE, THIS PROPERTY OFFERS ENDLESS POSSIBILITIES! ENJOY A 1.5 CAR DETACHED GARAGE WITH REAR ALLEY ACCESS, PLUS POTENTIAL FOR 2 ADDITIONAL PARKING SPACES. LOCATED IN THE UNIVERSITY AREA, THIS PROPERTY IS IDEAL FOR INVESTORS SEEKING RENTAL INCOME POTENTIAL OR FAMILIES LOOKING FOR A SPACIOUS PLACE TO CALL HOME. RENOVATED AND TRULY A MUST SEE! DON'T MISS YOUR OPPORTUNITY TO OWN THIS VERSATILE PROPERTY! (id:66096)

Property Details

MLS®: 26025075
Property Type: Single Family
Zoning: RES
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Lot Size: 30 × 101 ft (3,035 sq ft)
Storeys: 1
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Listed: 23 days ago

Rooms

Basement

3pc Bathroom
Laundry room
Bedroom
Bedroom
Kitchen

Second level

2pc Bathroom
Bedroom
Bedroom

Main level

4pc Bathroom
Kitchen
Bedroom
Living 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, Two stoves
Flooring: Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Rear Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Windsor listings, avg age

69d

List price

$345K

Haho

This 5-bed single family in Windsor has been listed for 23 days, which is 46 days fresher than the city average of 69. Act while there is still low competition.

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Listed by REMAX CAPITAL DIAMOND REALTY · MATTHEW GEBO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N9B)

This home lists at $344,999, about 5.8× the local median household income of $59,600.

Carrying it typically needs a household income of about $67,390 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.

Median household income: $59,600
Population: 19,613
Median age: 30.2
Owner / renter: 43% / 57%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N9B)

$344,999

For sale

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Full Cost Breakdown

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Down Payment5% · $17,249.95

Min 5%50%

Mortgage payment$1,817/mo

↳ CMHC premium ($13,110 capitalized)

Est. property tax$287/mo

Total monthly$2,105

Cash Needed to Close

Down payment (5%)$17,250

Land transfer tax$3,650

Est. closing costs$3,535

Total cash needed$24,435

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