1516 Ontario Street
Windsor, Ontario
Multi-family
Outstanding opportunity in the heart of Walkerville! This purpose-built, brick-to-roof 4-plex with excellent tenants is exceptionally well maintained and features four spacious 2-bedroom units, each with separately metered hydro and gas. The building offers a full basement with tenant storage and convenient on-site coin op laundry. 4 owned hot water tanks, shingles approx 2016, exterior upgrades including stairs and handrails, flashing and gutters, lighting, landscaping, some windows, and more. A solid, turnkey investment in one of Windsor’s most desirable rental locations. This is an excellent addition to any portfolio.
Price History
Schools
Elementary
- École élémentaire L'Envolée0.4 km
French public · CS Viamonde · 165 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Prince Edward Public School0.6 km
Public · Greater Essex County DSB · 565 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 20% met the provincial standard
- J.L. Dunn Public School0.7 km
Public · Greater Essex County DSB · 545 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 67% met the provincial standard
Secondary
- Walkerville Collegiate Institute0.6 km
Public · Greater Essex County DSB · 705 students
Grade 10 literacy: 83% met the provincial standard
- St. Michael's Adult High School1.9 km
Catholic · Windsor-Essex CDSB · 1095 students
- Hon W C Kennedy Collegiate Institute2 km
Public · Greater Essex County DSB · 900 students
Grade 10 literacy: 58% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N9E
- Population
- 21,465
- Private dwellings
- 7,779
- Median age
- 42.4
- Average household size
- 2.8
- Median household income
- $103,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Windsor · last 12 months
- Median sold price
- $477,500
- Homes sold
- 78
- Median days on market
- 34
- Sale-to-list price
- 97.6%
Based on 78 recorded sales of multi-family properties in Windsor over the last 12 months.
Location
Mortgage Calculator
$159,980
Estimated Monthly Payment
$3,930
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,930/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $200/mo
Estimates only. Consult a financial advisor.
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