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Investment signal

$499,999

1059 ELSMERE AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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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

INVESTOR AND FIRST TIME HOME BUYERS ALERT! THIS HOME IS NESTLED IN THE HEART OF LITTLE ITALY, JUST STEPS FROM ERIE STREET’S POPULAR RESTAURANTS, BAKERIES, & BOUTIQUE SHOPS. THIS TURNKEY 4 BEDROOM, 2 BATH HOME IS AN EXCEPTIONAL INVESTMENT OPPORTUNITY! FULLY RENOVATED FEATURING MODERN FINISHES THROUGHOUT, MAKING IT MOVE-IN READY WITH NOTHING LEFT TO DO. WALK IN TO AN OPEN-CONCEPT MAIN LEVEL FEATURING A STUNNING KITCHEN W/GRANITE COUNTERTOPS, NEW CABINETS, & AN OVERSIZED ISLAND, COMPLEMENTED BY EXQUISITE FLOORING. MAIN FLOOR ALSO FEATURES AN UPDATED BATHROOM, THREE BEDROOMS, MAIN FLOOR LAUNDRY, FRESH PAINT, & POT LIGHTS THROUGHOUT. THE VERSATILE IN-LAW SUITE IN THE LWR LVL INCLUDES GRADE ENTRANCE, 2ND KITCHEN, LIV RM, BDRM & FULL BATH. LOWER LVL ALSO FEATURES SEPARATE LAUNDRY. THIS HOME IS NEW TOP TO BOTTOM WITH QUALITY MATERIALS!! FEATURING A BRAND NEW A/C, NEW WINDOWS, AND COMPLETELY UPDATED EXTERIOR AND INTERIOR—EVERY DETAIL HAS BEEN THOUGHTFULLY RENOVATED TO OFFER MODERN COMFORT AND PEACE OF MIND. REAR PARKING IN THE BACK. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: Duplex
Common interest: Freehold
Lot dimensions: 30 X 106 FT / 0.073 AC
Bedrooms: 3 above grade, 1 below grade
Stories: 1
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Zoning: RD2.1
Photos: 30
MLS#: 26008852
Area: WINDSOR

Features and systems

Heating

Forced airNatural gasFurnace

Cooling

Central air conditioning

Exterior

BrickAluminum/Vinyl

Flooring

HardwoodCeramic/Porcelain

Foundation

Block

Lot

Double width or more drivewayRear Driveway

Negative cash flow ~$206/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-2.47%

Cap rate

4.37%

GRM

14.4

Break-even rent

$3,117

Financing

Down payment$100,000

Loan amount$399,999

Mortgage$2,027/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229

Insurance$80

Maintenance$417

CapEx reserve$208

Vacancy loss$145

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 $2,027/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 22, 2026.