581 CATARAQUI Street
Windsor, Ontario
Multi-family
Well-maintained and extensively updated 18-unit apartment building featuring a balanced unit mix of 15 one-bedroom and 3 two-bedroom suites. The property is fully leased, offering immediate and stable income in a market where vacancy levels can fluctuate. Recent capital improvements enhance both the condition and long-term durability of the asset, reducing near-term capital expenditure requirements. Strategically located in Central Windsor within walking distance to Caesars Windsor, Downtown Windsor, and the Little Italy district, the property benefits from consistent tenant demand driven by proximity to employment, amenities, and transit corridors. Vacancy, maintenance, and management-conservative relative to historical performance. Income and expense details available upon execution of confidentiality agreement.
Price History
Schools
Secondary
- École secondaire catholique Ste-Trinité0.8 km
French Catholic · Conseil scolaire catholique Providence
Grade 10 literacy: 45% met the provincial standard
- Walkerville Collegiate Institute1.8 km
Public · Greater Essex County DSB · 705 students
Grade 10 literacy: 83% met the provincial standard
- Hon W C Kennedy Collegiate Institute2.1 km
Public · Greater Essex County DSB · 900 students
Grade 10 literacy: 58% met the provincial standard
Elementary
- J.L. Dunn Public School0.9 km
Public · Greater Essex County DSB · 545 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Prince Edward Public School1 km
Public · Greater Essex County DSB · 565 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 20% met the provincial standard
- Dougall Avenue Public School1 km
Public · Greater Essex County DSB · 395 students
Grade 3 reading: 48% met the provincial standard · Grade 6 math: 22% 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 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
$440,000
Estimated Monthly Payment
$10,808
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $10,808/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $550/mo
Estimates only. Consult a financial advisor.
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