1050 ASSUMPTION
Windsor, Ontario
Multi-family
Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 7.34% cap rate, Excellent cash-flow with 5-year return at $138,097! Easy building to self-manage. All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact Listing sales rep for your private viewing and financials today!
Price History
Schools
Elementary
- King Edward Public School0.9 km
Public · Greater Essex County DSB · 370 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Frank W Begley Public School0.9 km
Public · Greater Essex County DSB · 420 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 33% met the provincial standard
- J.L. Dunn Public School1.3 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
- École secondaire catholique Ste-Trinité1.4 km
French Catholic · Conseil scolaire catholique Providence
Grade 10 literacy: 45% met the provincial standard
- Walkerville Collegiate Institute1.5 km
Public · Greater Essex County DSB · 705 students
Grade 10 literacy: 83% met the provincial standard
- St. Michael's Adult High School2.7 km
Catholic · Windsor-Essex CDSB · 1095 students
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 N9A
- Population
- 26,107
- Private dwellings
- 14,264
- Median age
- 38.8
- Average household size
- 2
- Median household income
- $45,200
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
$239,900
Estimated Monthly Payment
$5,893
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,893/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $300/mo
Estimates only. Consult a financial advisor.
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