$398,888
 $2,141 est/mo Sourced by Back At You

761 Assumption Street,Windsor, ON N9A3B7

Windsor, ON N9A3B7

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Description

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:374)

Details

MLS #26016327
Listing TypeFor Sale
StatusActive
Days On Site126
Listing Provided ByROYAL LEPAGE BINDER REAL ESTATE | DUSTIN TIMOTHY

Features

Story(s)1
Units2
ZoningRD2.2

Interior

HeatingForced air, Natural gas, Furnace
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock

Parking

Parking FeaturesOther

Taxes

Tax Year2022

Area Information

ProvinceON
CityWindsor
Postal CodeN9A3B7
Listing VS Median (in N9A3B7)
Price:
$398,888
low | high
Med:
$0
On site:
126
low | high
Med:
Sourced by Back At You

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The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin REALTOR®

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityWindsor
Postal CodeN9A3B7
Listing VS Median (in N9A3B7)
Price:
$398,888
low | high
Med:
$0
On site:
126
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $299K - $498K
sqft: 0 - 0
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Listing Updated: November 6, 2026 at 3:24:15 PM PST

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin REALTOR®  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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