581 CATARAQUI STREET, Windsor

$2,200,000

For sale: Multiplex

Multiplex at 581 CATARAQUI STREET, Windsor
Property type
Multi-family
Year built
Built in 1923
MLS®
MLS® 26009840

Well-maintained and extensively updated 18-unit apartment building featuring a balanced unit mix of 15 one-bedroom and 3 two-bedroom suites. The property is fully leased, offering immediate and stable income in a market where vacancy levels can fluctuate. Recent capital improvements enhance both the condition and long-term durability of the asset, reducing near-term capital expenditure requirements. Strategically located in Central Windsor within walking distance to Caesars Windsor, Downtown Windsor, and the Little Italy district, the property benefits from consistent tenant demand driven by proximity to employment, amenities, and transit corridors. Vacancy, maintenance, and management-conservative relative to historical performance. Income and expense details available upon execution of confidentiality agreement.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 581 CATARAQUI STREET