41 Shepherd STREET East, Windsor

$535,000

For sale: Multiplex

Multiplex at 41 Shepherd STREET East, Windsor
Property type
Multi-family
MLS®
MLS® 26014446

Motivated Seller! Fantastic income opportunity in a central location! This legal duplex offers four total units, including two additional non-conforming units. Sold with an open permit w/ drawings for a proposed triplex conversion (buyer to verify all requirements and status of permit). Gross annual rent is $57,300, with all rents inclusive of utilities and internet as per Seller. Tenants share a coin operated washer/dryer/ Recent updates include interior/exterior paint, Nest thermostat, new A/C, hot water tank, backwater valve, partial roof, and basement bathroom updates. Main floor features a 2-bed/1bath unit with great ceiling height. Send floor offers a 2-bed/1-bath unit with large kitchen, sitting area, and finished attic. Basement includes two 1-bed/1-bath units. One furnace, one A/C, and one hot water tank service the building. Exterior highlights include a large front balcony, common shed, and excellent parking. Steps to transit, shopping, parks, schools, and amenities. Buyer to perform their own due diligence. Please allow at least 24 hours notice for showings as per RTA. Interior photos provided by Seller and taken prior to occupancy.

Sold data

Homes in Windsor — recent sold market

Homes in Windsor took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 66, across 79 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $499,000.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 23% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$499,000
Sale-to-list ratio
96.7%
Sold above asking
23%

Based on 79 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Windsor

Windsor has 67 Fraser Institute–rated schools (53 elementary and 14 secondary), averaging 5.9/10.

Rated schools
67
Elementary
53
Secondary
14
Average rating
5.9 / 10

Top-rated schools in Windsor

  • Al-Sadeq Academy — elementaryFraser rating 10.0/10
  • Bellewood — elementaryFraser rating 9.7/10
  • St Rose — elementaryFraser rating 8.9/10
  • Our Lady of Mount Carmel — elementaryFraser rating 8.5/10
  • An-Noor — elementaryFraser rating 8.1/10
  • St Gabriel — elementaryFraser rating 7.9/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 41 Shepherd STREET East