761 ASSUMPTION Street
Windsor, Ontario
Multi-family
THIS PROPERTY CASH FLOWS. GREAT TENANTS. WELL MAINTAINED. You are likely looking at 10,000+ duplexes, we get it. Focus on this one. Being sold at a 6.5% cap rate, & 1.38 Debt Coverage Ratio at the asking price, generating a provable Annual Net Cash Flow of $7,305 from day one (assuming a 80% Loan to Value mortgage). Fully rented to great tenants that pay on time, and they pay their own utilities on separate hydro & gas meters that shift utility burdens away from the owner. Positioned on an expansive 182-ft deep lot, so tons of room for a future Additional Dwelling Unit (ADU) in the back yard. Additional parking can be added off the alley as well. With a rock-solid Net Operating Income (NOI) of $26,589 and $48,210 in projected mortgage principal reduction over five years, this is a wealth-building asset designed for investors who refuse to settle for average returns. Please allow 36 hours for showings. Cash flow analysis etc. upon request!
Price History
Schools
Secondary
- École secondaire catholique Ste-Trinité1 km
French Catholic · Conseil scolaire catholique Providence
Grade 10 literacy: 45% met the provincial standard
- Walkerville Collegiate Institute1.7 km
Public · Greater Essex County DSB · 705 students
Grade 10 literacy: 83% met the provincial standard
- Windsor Public Alternative Secondary School2.3 km
Public · Greater Essex County DSB · 250 students
Elementary
- 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
- Immaculate Conception Catholic School1.2 km
Catholic · Windsor-Essex CDSB · 290 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 17% met the provincial standard
- King Edward Public School1.2 km
Public · Greater Essex County DSB · 370 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 33% 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
- $480,000
- Homes sold
- 79
- Median days on market
- 34
- Sale-to-list price
- 97.7%
Based on 79 recorded sales of multi-family properties in Windsor over the last 12 months.
Location
Mortgage Calculator
$84,978
Estimated Monthly Payment
$2,087
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,087/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $106/mo
Estimates only. Consult a financial advisor.