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Investment signal

$389,900

1021 WELLINGTON AVENUE

Save this home

Beds

3

Baths

2

Sqft

Year

1911

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Windsor. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Well maintained duplex offering excellent flexibility and income potential. This property features a spacious 2-bedroom unit and a comfortable 1-bedroom unit, each with bright, functional layouts. Recent updates include new flooring, professional waterproofing, brand new heat pump, a newly built porch, and an added shed for extra storage. Retrofit certificate in attachments. Ideal for investors or owner-occupants looking to offset their mortgage while enjoying a move-in-ready home. Conveniently located close to transit, shopping, and everyday amenities. Vacant possession available. Schedule your private showing today. (id:65958)

Subtype
Single Family
Structure
Duplex
Common interest
Freehold
Lot dimensions
30 X 121
Bedrooms
2 above grade, 1 below grade
Stories
1.75
On market
Apr 24, 2026
Status changed
Apr 24, 2026
Zoning
RD1.3
Photos
25
MLS#
26009173
Area
WINDSOR

Features and systems

Appliances

WasherDryerMicrowaveTwo stovesTwo Refrigerators

Heating

Heat PumpBaseboard heatersElectricNatural gasFurnace

Cooling

Heat Pump

Exterior

BrickAluminum/Vinyl

Flooring

Ceramic/PorcelainCushion/Lino/Vinyl

Foundation

Block

Lot

No Driveway
Negative cash flow ~$47/mo at these assumptions

Cash on cash

-0.72%

Cap rate

4.72%

GRM

13.5

Break-even rent

$2,449

Financing

Down payment$77,980
Loan amount$311,920
Mortgage$1,580/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$179
Insurance$80
Maintenance$325
CapEx reserve$162
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,580/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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