1479 SOUTHDALE, Windsor, Ontario, N8W5N3

For saleJust listed

Today

$600K

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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$949,000

Windsor

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$949,000

For sale

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961 OUELLETTE Avenue, Windsor - Single Family for Sale

961 OUELLETTE Avenue, Windsor, Ontario, N9A4J5

10 beds4 baths5,271 sq ft (0.12 ac) lot sizeListed 154 days ago

Overview

This 10-bedroom, 4-bathroom home in Windsor is for sale.

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

Description

Cash cow in the heart of Windsor! Welcome to 961 Ouellette, the perfect addition to your real estate portfolio. Featuring 4 units with a total of 9 bedrooms and a bachelor suite on the top floor. Main floor boasts a 2 bedroom commercial unit that currently shows as a residential. Zoned Commercial 3.2 that allows uses such as offices, restaurant and retail; endless possibilities to make your business ideas come to life! Live, work and thrive in this dynamic multi family & commercial property! Second floor offers - 4 bedroom unit w/ separate entrance and the recently finished & renovated lower level features another 3 bedroom unit. All 4 units have separate electrical panels and their own. This brick building is fenced in and comes with 10+ parking spots. 3 out of 4 are tenated! Income potential is over $112,000 annually offering a very lucrative cap rate. Cash in and start cashing out right away with your new investment. Call listing agent to make this place yours! (id:66096)

Property Details

MLS®: 26012898
Property Type: Single Family
Zoning: CD3.2
Bedrooms: 10
Beds (above / below): 10 above · 0 below
Bathrooms: 4
Half Baths: 1
Lot Size: 5,271 sq ft (0.12 ac)
Storeys: 2
Heating: Heat Pump, Forced air, Natural gas, Furnace
Cooling: Central air conditioning, Heat Pump
Ownership: Freehold
Listed: 154 days ago

Rooms

Basement

Bedroom
Bedroom
Bedroom

Third level

3pc Bathroom
Kitchen
Bedroom

Second level

4pc Bathroom
Kitchen
Bedroom
Bedroom
Bedroom
Bedroom

Main level

Kitchen
Living room/Fireplace

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Flooring: Hardwood, Laminate, Ceramic/Porcelain
Foundation: Block
Exterior: Brick
Lot Features: Concrete Driveway, Finished Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

154d

Windsor listings, avg age

69d

List price

$949K

Haho

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Listed by REMAX CARE REALTY · GORAN TODOROVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N9A)

This home lists at $949,000, about 21.0× the local median household income of $45,200.

Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 310% above the area median.

Median household income: $45,200
Population: 26,107
Median age: 38.8
Owner / renter: 30% / 70%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA N9A)

$949,000

For sale

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Full Cost Breakdown

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Down Payment7.37% · $69,900

Min 7.37%50%

Mortgage payment$4,874/mo

↳ CMHC premium ($35,164 capitalized)

Est. property tax$791/mo

Total monthly$5,665

Cash Needed to Close

Down payment (7.37%)$69,900

Land transfer tax$15,455

Est. closing costs$5,347

Total cash needed$90,702

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