$449,000
For sale: Multiplex

Attention investors! Solid income-producing 3 unit property offering excellent cash flow and future upside. The spacious main floor unit features 2 large bedrooms, a generous kitchen, dining room, and a 4-piece bath, with laundry, a shower, and a large unfinished storage area in the basement. The upper front unit offers 2 bedrooms, an eat-in kitchen, living room, and a 4-piece bath, while the upper rear bachelor unit includes its own kitchen and 3-piece bath. Additional features include a covered front porch, second-floor balcony, and a detached 1.5-car garage generating additional rental income. Current gross rental income is approximately $4,000/month, with tenants paying utilities except for 50% of the water and electricity for the bachelor unit. Low operating expenses and strong income make this an excellent opportunity for both new and experienced investors.
Sold data
Homes in Windsor took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 54, across 76 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $492,450.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 76 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
Windsor has 67 Fraser Institute–rated schools (53 elementary and 14 secondary), averaging 5.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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