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Investment signal

$349,900

366 Rankin

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Beds

Baths

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

Excellent investment opportunity in a prime University of Windsor location. This well-maintained 5-bedroom property is ideally situated within close proximity to the University, offering strong and consistent rental demand. The home features a functional layout with generously sized bedrooms, spacious common living areas, and a full kitchen, making it well suited for student accommodation. Designed for practicality and durability, the property supports shared living while maintaining privacy for occupants. Additional highlights include in-unit laundry, parking, and convenient access to public transit, shopping, restaurants, and everyday amenities. Its desirable location and configuration make it an attractive option for investors with a solid opportunity in a high-demand rental area near campus. Buyer to verify all info provided. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Lot dimensions: 30.11 X 108
Bedrooms: 3 above grade, 2 below grade
Stories: 1.5
Fireplace: 1
On market: Jan 22, 2026
Status changed: Apr 27, 2026
Zoning: RD1.3
Photos: 43
MLS#: 26001762
Area: WINDSOR

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersForced airNatural gasFurnace

Exterior

BrickAluminum/Vinyl

Flooring

HardwoodCeramic/Porcelain

Foundation

Block

Lot

Front Driveway

Positive cash flow ~$1,039/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

17.82%

Cap rate

8.43%

GRM

8.8

Break-even rent

$2,206

Financing

Down payment$69,980

Loan amount$279,920

Mortgage$1,418/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$160

Insurance$80

Maintenance$292

CapEx reserve$146

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 $1,418/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 27, 2026.