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761 ASSUMPTION STREET
Windsor Ontario N9A3B7 Canada

$424,888

Active Listing ID 26016327
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Multi-family

$424,888

Active Listing ID 26016327
Save

761 ASSUMPTION STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Aluminum/Vinyl
  • Floor Covering: Cushion/Lino/Vinyl
  • Heating Systems: Forced air, Natural gas, Furnace
  • Additional Features
  • Basement
Listing Changed: 7/8/2026 2:05:26 PM GMT
Source Updated Date: 7/10/2026 1:14:24 AM GMT

Courtesy of: RHYS TRENHAILE, BSC., JD, Broker, MANOR WINDSOR REALTY LTD.