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Investment signal

$1,199,500

1050 ASSUMPTION

Save this home

Beds

Baths

Sqft

Year

1920

Type

Multi-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

Attention Investors! Well maintained, turn-key 7 unit apartment building centrally located near downtown, waterfront, bus routes and amenities. Backing onto University ave/Kids Alliance Park! Fully occupied. 1x 2BR, 4x 1BR and 2x bachelor units. Many recent renovations. 6.15% cap rate, Excellent cash-flow with 5-year return at $66,592! (higher return potential with self-management) . All units separately metered hydro with their own hot water heaters (owned, installed 2023). Includes 7 refrigerators/stoves. On site parking (4 spaces plus street parking) and laundry (1 washer/dryer set - coin op). Contact Listing sales rep for your private viewing and financials today! (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Common interest
Freehold
Lot dimensions
32 FT X 110 FT
Stories
2.5
On market
Apr 28, 2026
Status changed
Apr 28, 2026
Zoning
RD2.2
Photos
42
MLS#
26009379
Area
WINDSOR

Features and systems

Parking

Other

Heating

Heat PumpBaseboard heatersElectric

Cooling

Heat Pump

Exterior

BrickAluminum/Vinyl

Flooring

Mixed Flooring

Foundation

Block
Negative cash flow ~$1,291/mo at these assumptions

Cash on cash

-6.46%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,359

Financing

Down payment$239,900
Loan amount$959,600
Mortgage$4,862/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

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.

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.

Mortgage estimate

Estimated $4,862/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 28, 2026.

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