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Investment signal

$479,000

435 CARON AVENUE

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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

Exceptional investment opportunity! This fully renovated property features 3 brand new legal units, each with its own separate kitchen, bathroom, and in-suite laundry. Offering a total of 6 bedrooms, 3 bathrooms, and 3 kitchens, this property is ideal for investors seeking strong cash flow. Extensively updated from top to bottom, including new electrical panel, furnace, A/C, main water line, drywall, and flooring—providing peace of mind and low maintenance for years to come. Potential rental income of approximately $4,500/month. Prime location just steps from the riverfront, 4 minutes to the University of Windsor, 6 minutes to the Ambassador Bridge, and 2 minutes to downtown. (id:65958)

Subtype: Single Family
Structure: House
Common interest: Freehold
Lot dimensions: 25 X 140 FT / 0.081 AC
Bedrooms: 4 above grade, 2 below grade
Stories: 2
On market: Mar 31, 2026
Status changed: Apr 21, 2026
Zoning: RES
Photos: 32
MLS#: 26006588
Area: WINDSOR

Features and systems

Heating

Forced airNatural gasFurnace

Exterior

Brick

Flooring

Laminate

Foundation

Block

Lot

No Driveway

Positive cash flow ~$295/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

3.70%

Cap rate

5.60%

GRM

12.1

Break-even rent

$2,989

Financing

Down payment$95,800

Loan amount$383,200

Mortgage$1,942/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$220

Insurance$80

Maintenance$399

CapEx reserve$200

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 $1,942/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 21, 2026.