$524,000

For sale

523 Caron Avenue, Windsor - Single Family for Sale

523 Caron Avenue, Windsor, Ontario, N8T1C1

7 beds4 baths2,367 ft²50 × 140 ft (7,000 sq ft) lot sizeListed 63 days ago

Overview

This 7-bedroom, 4-bathroom home in Windsor is for sale offering roughly 2,367 sq ft of space. It has been on the market 63 days, fresher than the Windsor average of 69 days.

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Description

TURNKEY, COMPLETELY RENOVATED, FULLY TENANTED ABOVE MARKET RENT. This high yield side-by-side duplex at 523 Caron Ave, Windsor, generating $4,850 per month in gross rental income with a flawless track record of zero vacancies since 2022. Featuring a main 6-bedroom, 3-bathroom unit alongside a separate 1-bedroom, 1-bathroom unit with in-house laundry, this property sits on an expansive 50x140 ft lot and includes an unfinished basement for future upside. Over $220,000 has been invested in CODE COMPLIANT, top-to-bottom renovations including wiring, drywall, hydro panels, flooring, windows, roof, HVAC and all modern finishes. All renovations completed in January 2026. Ideally situated just minutes from the University of Windsor, the scenic riverfront, and public transit. This turnkey, cash-flowing asset delivers instant, reliable returns for any investor. VACANT POSSESSION IS AN OPTION. (id:66096)

Property Details

MLS®: 26021645
Property Type: Single Family
Zoning: RD2.2
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 4
Interior Size: 2,367 ft²
Lot Size: 50 × 140 ft (7,000 sq ft)
Storeys: 2
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Listed: 63 days ago

Rooms

Basement

Laundry room
Storage
Utility room

Second level

3pc Bathroom
Primary Bedroom
Bedroom
4pc Bathroom
Bedroom
Bedroom
Bedroom

Main level

Storage
Laundry room
Bedroom
Bedroom
4pc Bathroom

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Flooring: Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Front Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Windsor listings, avg age

69d

Price / ft²

$221

List price

$524K

Haho

This 7-bed single family in Windsor has been listed for 63 days, which is 6 days fresher than the city average of 69. Act while there is still low competition.

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Listed by EXP REALTY · NIKKI M CHRISTOPHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8T)

This home lists at $524,000, about 8.6× the local median household income of $60,800.

Carrying it typically needs a household income of about $102,356 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.

Median household income: $60,800
Population: 17,935
Median age: 42.4
Owner / renter: 56% / 44%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N8T)

$524,000· $221/ft²

For sale

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Full Cost Breakdown

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Down Payment5.23% · $27,400.00

Min 5.23%50%

Mortgage payment$2,753/mo

↳ CMHC premium ($19,864 capitalized)

Est. property tax$437/mo

Total monthly$3,190

Cash Needed to Close

Down payment (5.23%)$27,400

Land transfer tax$6,955

Est. closing costs$4,072

Total cash needed$38,427

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