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Investment signal

$889,900

1441 ELLIS East

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Beds

—

Baths

—

Sqft

—

Year

1925

Type

Multi-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

TURN KEY 4 UNIT BRICK TO ROOF BLDG IN A GREAT CENTRAL-EAST LOCATION. EACH SPACIOUS UNIT OFFERS LIVING & DINING ROOMS, KITCHEN & 2 BEDROOMS. 4 SEP BSMTS W/FURNACES, AC UNITS & 4 OWNED HWTS. ALL TENANTS PAY HYDRO & GAS. OWNER PAYS WATER ONLY. WELL UPDATED & MAINTAINED THROUGHOUT INCL ROOF, MOST WINDOWS & DOORS INSIDE & OUT. UPDATED KITCHENS & BATHS. HARD WIRED SPRINKLER SYSTEM TESTED & MAINTAINED YEARLY. LIST OF UPGRADES & RENT ROLL UNDER DOCUMENTS. NOTE: 3 AC UNITS AND FURNACE IN UNIT 4 ARE RENTED THROUGH RELIANCE. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Common interest: Freehold
Lot dimensions: 57.09 X 65.25
Stories: 3
On market: Apr 20, 2026
Status changed: Apr 20, 2026
Zoning: RD1.3
Photos: 36
MLS#: 26008625
Area: WINDSOR

Features and systems

Parking

Other

Heating

Forced airNatural gasFurnace

Cooling

Central air conditioning

Exterior

ConcreteBrick

Flooring

HardwoodLaminateCeramic/Porcelain

Foundation

Block

Negative cash flow ~$980/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

-6.61%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,482

Financing

Down payment$177,980

Loan amount$711,920

Mortgage$3,607/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$408

Insurance$80

Maintenance$742

CapEx reserve$371

Vacancy loss$223

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 $3,607/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 20, 2026.