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Investment signal

$699,900

314 Bruce AVENUE

Save this home

Beds

Baths

Sqft

Year

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

Attention investors - add this turnkey 5-unit income property to your portfolio. Fully tenanted and delivering steady cash flow, it features 4 one-bedroom units and 1 two-bedroom unit, ideal for a strong rental mix. Recent upgrades include two fully renovated units, recapped windows, and a new hot water tank (2026), enhancing both value and tenant appeal. With separately metered hydro and convenient onsite laundry, operating efficiency is optimized. Located just minutes from the university, downtown, major amenities, and the U.S. border, this property sits in a high-demand rental area, making it a solid, low-maintenance investment with immediate income potential. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Common interest
Freehold
Lot dimensions
44.85 FT X IRREG
Stories
2
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Zoning
CD3.6
Photos
27
MLS#
26009498
Area
WINDSOR

Features and systems

Parking

Other

Heating

Baseboard heatersElectric

Exterior

Aluminum/Vinyl

Flooring

LaminateCeramic/Porcelain

Foundation

Block
Negative cash flow ~$788/mo at these assumptions

Cash on cash

-6.75%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,329

Financing

Down payment$139,980
Loan amount$559,920
Mortgage$2,837/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321
Insurance$80
Maintenance$583
CapEx reserve$292
Vacancy loss$175

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 $2,837/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 29, 2026.

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