$599,999
For sale: Multiplex

Turnkey income property with built-in development potential. This fully renovated two-unitproperty generates $3,400/month in rental income and sits on a rare oversized lot with severance potential. Both units have been extensively updated with new flooring, modern kitchens, fresh paint, and a new washer and dryer, while the roof has been repaired, offering a low-maintenance investment. Each unit operates independently with its own HVAC system, including AC and heat pump, controlled by separate thermostats, along with separate hot water tanks, eliminating shared utility concerns. The property sits on approximately 973 m with~21.33 m frontage and includes a side parcel recognized as a separate lot on title. A professional feasibility study confirms strong potential for severance.(Please see attachment) Under current RD1.2zoning, the property permits one single detached and one duplex as-of-right, with potential for two single detached homes subject to minor variance. A rare opportunity for investors or builders to generate strong income while unlocking additional future value.
Sold data
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 61, across 75 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 $479,900.
Homes sold for about 3.3% 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 75 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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