742 Parent
Windsor, Ontario N9A2C7

5 beds · 3 baths · null

Ideal investment opportunity with great income return this legal duplex w/additional 3rd unit has to offer in the heart of Windsor! Great return for your investment with over 8% cap rate. Each unit has 2 separate entry access and own laundry facility. Over 100K spent on renovation all in 2022 incl new flooring, windows, lighting, electrical, plumbing throughout and much more. Brand new roof & fence (2024) New central A/C for main & lower units and brand new 3 split units for upper. Main floor features 3 bedrooms, living room, luxury full bath and large kitchen with eating area (rented on monthly basis $1750) Upper unit is a 2 bedroom with own laundry facility (rented for $1500) Lower unit in law suite w/laundry room (rented for $1100) Total rent for all 3 units $4350/M. This property has a very large backyard with 1.5 Car garage and XL shed for additional storage. Call today to view it, 24 hrs notice for all showings (no exception) Seller reserves the right to accept /decline any offer (id:39198)

Facts & Features

Building Type Duplex, Detached

Year built

Square Footage

Stories

Bedrooms 5

Bathrooms 3

Parking

Neighbourhood

Land size 39.65X149.57

Heating type Forced air

Basement type

Parking Type

Time on REALTOR.ca15 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: LC PLATINUM REALTY INC. - 525

Powered by: REALTOR.ca

Home price

$474,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$4,312 / month

Rent $3,813

Savings $499

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$3,800 / month

Rent $3,696

Savings $104

Initial deposit 5%

Savings target Fixed at 5%

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