761 ASSUMPTION STREET, WINDSOR

2026-07-09
 

Quick Summary

Location
761 ASSUMPTION STREET, WINDSOR, Ontario N9A3B7
Price
$424,888 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#26016327

Property Description

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! (id:32467)

Property Features

Building

  • Exterior Finish: Aluminum/Vinyl
  • Fireplace: No
  • Flooring Type: Cushion/Lino/Vinyl
  • Building Type: Duplex
  • Stories: 1

Land

  • Land Size: 31.80 X 182 FT

Ownership

  • Type: Freehold

Zoning

  • Description: RD2.2

Information entered by ROYAL LEPAGE BINDER REAL ESTATE
Listing information last updated on: 2026-08-10 13:27:13


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Your One Percent Realty Commission savings

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Learn more about the One Percent Realty Deal

 

Laurie Arruda Salesperson

Phone:
5199194773
Email:
lauriearruda1@gmail.com
Support Area:
Windsor, Essex County, Chatham-Kent

A Real Estate professional in the Windsor – Essex County and surrounding areas for the last 17 yea ...

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LEI SHEN Salesperson

Phone:
5199916547
Email:
shenlei0717@gmail.com
Support Area:
Windsor and Essex country

...

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Jenny Jin REALTOR

Phone:
5198009977
Email:
citywindsorhomes@gmail.com
Support Area:
Windsor Essex County

Hello, I'm Jenny Jin, I am a long time resident in Windsor city, a very beautiful, friendly and ...

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