$469,900

For sale

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923-925 CALIFORNIA Avenue, Windsor - Single Family for Sale

923-925 CALIFORNIA Avenue, Windsor, Ontario, N9B2Z5

5 beds3 baths5,314 sq ft (0.12 ac) lot sizeListed 49 days ago

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For saleJust listed

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$889K

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5 bd4 baLot size 6,403 sq ft (0.14 ac)

Listed by REMAX CAPITAL DIAMOND REALTY

Investment analysis

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$469,900

Windsor

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Overview

This 5-bedroom, 3-bathroom home in Windsor is for sale. Its $469,900 asking price sits right in line with the $479,900 median in Windsor. It has been on the market 49 days, fresher than the Windsor average of 69 days.

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

Description

Welcome to 923–925 California Ave, Windsor, Ontario, a legal side-by-side duplex ideally located directly behind the University of Windsor. This well-positioned income property offers an excellent opportunity for investors seeking an established rental property with both units currently tenanted and generating positive cash flow. The property features 3+2 bedrooms and 2.5 bathrooms, with each unit separately metered and equipped with its own laundry facilities. (id:66096)

Property Details

MLS®: 26023007
Property Type: Single Family
Zoning: RD1.3
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Half Baths: 1
Lot Size: 5,314 sq ft (0.12 ac)
Year Built: 1947
Storeys: 2
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Listed: 49 days ago

Rooms

Main level

4pc Bathroom
2pc Bathroom
Kitchen/Dining room
Kitchen/Dining room
Mud room
Living room
Living room

Second level

4pc Bathroom
Bedroom
Bedroom
Bedroom
Storage
Bedroom

Basement

Other
Bedroom
Laundry room
Laundry room
Utility room

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Flooring: Laminate, Ceramic/Porcelain
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Rear Driveway, Side Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Windsor listings, avg age

69d

List price

$470K

Haho

This 5-bed single family in Windsor has been listed for 49 days, which is 20 days fresher than the city average of 69. Act while there is still low competition.

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Listed by JUMP REALTY INC · PARMVEER DHILLON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N9B)

This home lists at $469,900, about 7.9× the local median household income of $59,600.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 54% 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)

$469,900

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Est. property tax$392/mo

Total monthly$2,867

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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