$424,888

761 Assumption Street, Windsor , ON


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:4555)

Property Specs
Listing ID26016327
Address761 ASSUMPTION STREET
CityWindsor, ON
Price$424,888
ConstructionAluminum/Vinyl
FlooringCushion/Lino/Vinyl
Land Size31.80 X 182 FT
TypeDuplex
StatusFor sale


Extended Features
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasFoundation BlockHeating Forced air, FurnaceHeating Fuel Natural gas Date Listed 2026-07-08 16:01:35Days on Market 5

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LISTING OFFICE:
Manor Realty Ltd. Brokerage, Rhys Trenhaile, BSC., JD
Deepak Sharma
Listing Realtor ©

Deepak Sharma

Sales Representative
519-972-3888
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