$449,900

For sale

721-723 CAMPBELL Avenue, Windsor - Single Family for Sale

721-723 CAMPBELL Avenue, Windsor, Ontario, N9B2H6

7 beds3 baths33 × 120 ft (3,915 sq ft) lot sizeListed 30 days ago

Overview

This 7-bedroom, 3-bathroom home in Windsor is for sale. Listed at $449,900, it is attractively priced about 6% below the $479,900 median asking price in Windsor. It has been on the market 30 days, fresher than the Windsor average of 68 days.

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Description

ATTENTION INVESTORS & OWNER-OCCUPIERS! Vacant duplex with an additional basement unit near the University of Windsor, offering excellent rental income potential. Main floor features 2 bedrooms, 4-pc bath, living room, dining room & kitchen. Upper unit offers 2 bedrooms, 3-pc bath, living room, dining room & kitchen. The additional basement unit features a separate grade entrance, 3 bedrooms, 3-pc bath, kitchen & laundry. Property includes 3 kitchens, 3 bathrooms, 3 laundry areas, separate hydro & gas meters (main units), long driveway & fenced backyard with potential for future rear parking. Numerous updates completed including electrical, plumbing, windows, gutters & more. Vacant possession allows buyers to set their own rents. Prime location just steps from the University, shopping, transit & amenities. Ideal for investors or buyers looking to live in one unit while generating rental income. (id:66096)

Property Details

MLS®: 26024253
Property Type: Single Family
Zoning: RES
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 3
Lot Size: 33 × 120 ft (3,915 sq ft)
Storeys: 2
Heating: Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Listed: 30 days ago

Rooms

Basement

3pc Bathroom
Laundry room
Kitchen
Balcony
Bedroom
Bedroom

Second level

3pc Bathroom
Bedroom
Bedroom
Laundry room
Kitchen
Dining room
Living room

Main level

4pc Bathroom
Bedroom

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Two stoves, Two Refrigerators
Flooring: Hardwood, Ceramic/Porcelain
Foundation: Block
Exterior: Brick
Lot Features: Double width or more driveway, Front Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Windsor listings, avg age

68d

List price

$450K

Haho

This 7-bed single family in Windsor has been listed for 30 days, which is 38 days fresher than the city average of 68. Act while there is still low competition.

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Listed by MANOR WINDSOR REALTY LTD. · ADELE YOUSSEF, ASA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N9B)

This home lists at $449,900, about 7.5× the local median household income of $59,600.

Carrying it typically needs a household income of about $87,881 (20% down, 25-yr amortization, stress-tested) — roughly 47% 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)

$449,900

For sale

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Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

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Down Payment5% · $22,495

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,096 capitalized)

Est. property tax$375/mo

Total monthly$2,745

Cash Needed to Close

Down payment (5%)$22,495

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,818

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