1 / 51
Investment signal

$1,099,000

283-287 Villaire

Save this home

Beds

Baths

Sqft

Year

1924

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

Welcome to 283-287 Villaire, this beautiful 8+2bd 4full 2half bth semi-detached 4-plex in Old Riverside has been completely renovated with 2 legal in-law suite addition in 2024. Main floor units feature covered front porch, living room & powder room with tons of natural light. Through to the brand kitchen with quartz countertops, barstool seating & stainless steel appliances. The second floor features 2 good-sized bedrooms, a full bathroom with a double vanity, and a den leading to a massive full-floor loft. Basement units are a cozy 1-bedroom with a 4-pc ensuite and an open living room & dining room. Covered front porch, fully fenced in backyard with 2-car parking. 4 Hydro meters, 2 gas meters, 4 water meters. Walking distance to David Suzuki Public School, Riverside Drive, Thompson Park, restaurants, and shopping along Wyandotte. Contact the listing agent for full financial breakdown. (id:65958)

Subtype
Multi-family
Structure
Fourplex
Common interest
Freehold
Lot dimensions
31.72 FT x 74.28 FT
On market
Apr 27, 2026
Status changed
Apr 28, 2026
Zoning
RD1.2
Photos
50
MLS#
26009258
Area
WINDSOR

Features and systems

Parking

Other

Heating

Heat PumpBaseboard heatersElectricNatural gasFurnace

Cooling

Central air conditioningHeat Pump

Exterior

Aluminum/Vinyl

Flooring

Cushion/Lino/Vinyl

Foundation

Block
Negative cash flow ~$1,187/mo at these assumptions

Cash on cash

-6.48%

Cap rate

3.57%

GRM

16.7

Break-even rent

$6,750

Financing

Down payment$219,800
Loan amount$879,200
Mortgage$4,455/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$916
CapEx reserve$458
Vacancy loss$275

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 $4,455/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.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.