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 and status of permit). Gross annual rent is $57,300, with all rents inclusive of utilities and internet as per Seller. 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. Seller reserves the right to accept or decline any and all offers. Buyer to perform their own due diligence. Please allow at least 24 hours notice for showings as per RTA. 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
- $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
$110,000
Estimated Monthly Payment
$2,702
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,702/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $138/mo
Estimates only. Consult a financial advisor.
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