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Investment signal

$369,900

357 Josephine AVENUE

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Beds

Baths

4 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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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

Fantastic investment opportunity! Fully renovated 2-storey home with 5+2 bedrooms, 3.5 bathrooms, and 2 kitchens, perfect for strong rental income. Just a 2-minute walk to the Riverfront, making it ideal for students and young professionals who want convenience and a great lifestyle. Close to the university and the vibrant waterfront, this property offers excellent potential in a growing rental market. Don’t miss this chance to own a reliable, income-generating property in a great location. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Lot dimensions: 30 X 67.83 FT
Bedrooms: 5 above grade, 2 below grade
Stories: 1.75
On market: Apr 13, 2026
Status changed: Apr 19, 2026
Zoning: RD1.3
Photos: 28
MLS#: 26007996
Area: WINDSOR

Features and systems

Appliances

WasherDryerTwo stovesTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Aluminum/Vinyl

Flooring

LaminateCeramic/Porcelain

Foundation

Block

Lot

No Driveway

Positive cash flow ~$924/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

14.98%

Cap rate

7.86%

GRM

9.3

Break-even rent

$2,328

Financing

Down payment$73,980

Loan amount$295,920

Mortgage$1,499/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$170

Insurance$80

Maintenance$308

CapEx reserve$154

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: 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 $1,499/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 19, 2026.