41 Shepherd Street
Windsor, Ontario
- Multi-family
Fantastic income opportunity in a central location! This legal duplex offers four total units, including two additional non-conforming units. Sold with an open permit w/ drawings for a proposed triplex conversion (buyer to verify all requirements). Gross annual rent is $57,300, with all rents inclusive of utilities and internet. Tenants share a coin operated washer/dryer/ Recent updates include interior/exterior paint, Nest thermostat, new A/C, hot water tank, backwater valve, partial roof, and basement bathroom updates. Main floor features a 2-bed/1bath unit with great ceiling height. Send floor offers a 2-bed/1-bath unit with large kitchen, sitting area, and finished attic. Basement includes two 1-bed/1-bath units. One furnace, one A/C, and one hot water tank service the building. Exterior highlights include a large front balcony, common shed, and excellent parking. Steps to transit, shopping, parks, schools, and amenities. Interior photos provided by Seller and taken prior to occupancy.
Price History
Schools
Elementary
- Queen Victoria Public School0.4 km
Public · Greater Essex County DSB · 490 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 42% met the provincial standard
- St Angela Catholic School1 km
Catholic · Windsor-Essex CDSB · 460 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 75% met the provincial standard
- J.L. Dunn Public School1.2 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
- Hon W C Kennedy Collegiate Institute0.6 km
Public · Greater Essex County DSB · 900 students
Grade 10 literacy: 58% met the provincial standard
- St. Michael's Adult High School0.8 km
Catholic · Windsor-Essex CDSB · 1095 students
- Catholic Central1.5 km
Catholic · Windsor-Essex CDSB · 845 students
Grade 10 literacy: 98% 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 N8X
- Population
- 16,457
- Private dwellings
- 7,796
- Median age
- 39.2
- Average household size
- 2.2
- Median household income
- $60,000
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
- $475,000
- Homes sold
- 77
- Median days on market
- 34
- Sale-to-list price
- 97.5%
Based on 77 recorded sales of multi-family properties in Windsor over the last 12 months.
Walk Score
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Transit
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Scores by Walk Score®
Location
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Mortgage Calculator
$115,000
Estimated Monthly Payment
$2,825
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,825/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $144/mo
Estimates only. Consult a financial advisor.
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