$3,950,000
1011 Burgess Crescent
Beds
—
Baths
—
Sqft
—
Year
1973
Type
Multi-family
Suite
Suite potential
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
Well-located 24-unit apartment building in the growing community of Windsor, Nova Scotia. The property features a strong unit mix of 19 two-bedroom units and 5 one-bedroom units, appealing to a broad tenant base and providing stable rental demand. Four units have recently been renovated, presenting an opportunity for a new owner to continue upgrading suites and increasing rental income over time. The building features an older, long-term tenant base, with residents who maintain their units in above-average condition. Situated in a quiet residential area with convenient access to local amenities, services, and Highway 101. Windsor continues to experience steady growth and strong demand for quality rental housing, making this an attractive opportunity for investors seeking both stable cash flow and long-term upside potential. Building is right beside the Windsor Regional Hospital. Onsite building manager takes excellent care of the property, and keeps all common areas clean. 2 laundry rooms onsite on both the 1st and 3rd floor of the building, using Coinmatic machines. Non-smoking building and only cats allowed. (id:65958)
- Subtype
- Multi-family
- Structure
- Apartment
- Community
- Windsor
- Common interest
- Freehold
- Lot size
- 0.93 acres
- Lot dimensions
- 0.9313
- On market
- Mar 17, 2026
- Status changed
- Apr 16, 2026
- Photos
- 42
- MLS#
- 202604799
- Area
- WINDSOR
Features and systems
Parking
Basement
Appliances
Flooring
Foundation
Lot
Community
Utilities
Cash on cash
-6.19%
Cap rate
3.63%
GRM
16.7
Break-even rent
$24,041
Financing
Operating expenses (monthly)
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
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.