761 ASSUMPTION STREET
About this home
THIS PROPERTY CASH FLOWS. GREAT TENANTS. WELL MAINTAINED. You are likely looking at 10,000+ duplexes, we get it. Focus on this one. Being sold at a 6.5% cap rate, & 1.38 Debt Coverage Ratio at the asking price, generating a provable Annual Net Cash Flow of $7,305 from day one (assuming a 80% Loan to Value mortgage). Fully rented to great tenants that pay on time, and they pay their own utilities on separate hydro & gas meters that shift utility burdens away from the owner. Positioned on an expansive 182-ft deep lot, so tons of room for a future Additional Dwelling Unit (ADU) in the back yard. Additional parking can be added off the alley as well. With a rock-solid Net Operating Income (NOI) of $26,589 and $48,210 in projected mortgage principal reduction over five years, this is a wealth-building asset designed for investors who refuse to settle for average returns. Please allow 36 hours for showings. Cash flow analysis etc. upon request! (id:63107)
How this compares
1,346 active in WindsorComparisons use current asking prices from the live MLS® feed — not sold prices, which this feed does not carry.
Similar homes, by asking price
The median asking price for 95 multi-family listings in Windsor is $579,900. This home is 27% below that.
Based on current asking prices of comparable active listings, not sold prices — sale prices are not published in this data feed. For what a home is actually worth, ask Harjeet for a comparative market analysis.
Browse all Windsor listings →Monthly cost
$2,340/ month, before tax
This listing doesn't state its property tax, so it isn't in the figure above. Ask for it before you rely on this — it is usually a few thousand a year.
- Mortgage (principal + interest)
- $1,936
- Property tax
- —
- Home insurance
- $118
- Heat, hydro and water
- $285
$84,978 down
- Mortgage amount
- $339,910
Canadian semi-annual compounding. Property tax follows the MPAC assessed value, not the price, so it is left for you to enter. Insurance and utilities are estimates you can change. Estimate only — not a mortgage approval, quote, or offer of financing.
Getting around
- Healthcare
- 55th pct
- Schools (K-12)
- 76th pct
- Child care
- 49th pct
- Jobs
- 95th pct
Percentiles among Windsor-Essex dissemination blocks, walking mode. Measures how easily amenities can be reached — not their quality. Adapted from Statistics Canada, Spatial Access Measures, 2024. This does not constitute an endorsement by Statistics Canada of this product.