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Investment signal

$499,000

1156 WELLINGTON AVENUE

Beds

Baths

Sqft

—

Year

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Location

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About this home

Brand new home finished top to bottom ideal family home or investment property! Spacious 5-bedroom, 2- full-bath residence features an open-concept kitchen with plenty of natural light, main-floor laundry & premium oak stairs -rare upgrade in new homes. Basement features grade-level entrance and is roughed-in for a bath, kitchen & laundry- offering excellent potential for a secondary income suite or custom recreational space depending on your needs. Easy access to schools, shopping, restaurants, services along nearby major streets. Proximity to Uofw & transit makes this location appealing for families & investors. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Lot dimensions: 30.11 X 55.22 FT
Bedrooms: 5 above grade, 0 below grade
Stories: 2
On market: Mar 10, 2026
Status changed: Apr 15, 2026
Zoning: RES
Photos: 38
MLS#: 26004928
Area: WINDSOR

Features and systems

Appliances

RefrigeratorStove

Heating

Natural gasFurnace

Cooling

Central air conditioning

Exterior

BrickConcrete/Stucco

Flooring

LaminateCeramic/Porcelain

Foundation

Concrete

Lot

Single Driveway

Negative cash flow ~$247/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-2.96%

Cap rate

5.30%

GRM

12.6

Break-even rent

$3,559

Financing

Down payment$99,800

Loan amount$399,200

Mortgage$2,449/mo

Operating expenses (monthly)

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

Insurance$80

Maintenance$416

CapEx reserve$208

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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 $2,449/mo at 5.49% with 20% down, 25-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 15, 2026.