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Investment signal

$1,250,000

655-91 GILES

Beds

Baths

Sqft

Year

1925

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

655–691 Giles Blvd E — 5-Unit Townhouse Investment. Rare opportunity to acquire a purpose-built five-plex consisting of five side-by-side brick townhomes in a well-established residential neighbourhood. These fully self-contained townhouses offer true separation & privacy, eliminating shared hallways or apartment-style living. Each spacious unit features 3 bedrooms & full bathroom on the second floor, with large living rooms with natural fireplace, kitchen, and dining area on the main level. The full basement in every unit provides laundry & additional storage, creating functional layouts that appeal to long-term tenants. The building is well configured for investors, with separate hydro meters, electrical panels, furnaces, central air units, and hot water tanks for each townhouse, simplifying management and operating costs. The end unit—previously owner-occupied—offers additional features including a second bathroom & sunroom. A large garage provides additional storage for owners and partial rental income. The property is currently supported by five long-term tenants, offering immediate stability for investors. Located close to parks, schools, and everyday amenities. This property presents a solid multi-residential asset comprised of five individual townhouse-style units that attract consistent tenancy and long-term occupancy. Call now to view! (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Common interest
Leasehold
Lot dimensions
106 X 114
Stories
2
On market
Mar 16, 2026
Status changed
Apr 16, 2026
Zoning
RES
Photos
29
MLS#
26005426
Area
WINDSOR

Features and systems

Parking

Other

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

HardwoodCarpetedCeramic/Porcelain

Foundation

Block
Negative cash flow ~$2,413/mo at these assumptions

Cash on cash

-11.58%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,790

Financing

Down payment$250,000
Loan amount$1,000,000
Mortgage$6,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573
Insurance$80
Maintenance$1,042
CapEx reserve$521
Vacancy loss$313

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 $6,135/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 16, 2026.

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