Windsor, ON
761 ASSUMPTION STREET
$398,888
Listed by
ROYAL LEPAGE BINDER REAL ESTATE
DUSTIN TIMOTHY, Sales Person
Data last updated Oct 21, 2026, 10:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $398,888
- Type
- Semi-detached
- Bedrooms
- 0
- Bathrooms
- 0
- MLS®
- 26016327
- Status
- active
- Brokerage
- ROYAL LEPAGE BINDER REAL ESTATE
About this home
Description provided by the listing brokerage
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!