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Foreclosure signalInvestment signal

$399,000

458-460 WAHKETA STREET

Beds

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Baths

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Sqft

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Year

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Location

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About this home

Vacant duplex in a prime downtown location offering exceptional investment potential. Featuring separate hydro and gas meters, this property is ideally set up for strong cash flow and straightforward expense management. The main floor unit offers 3 bedrooms and 1 full bath, along with a full unfinished lower level—perfect for additional tenant storage or future value-add opportunities. The upper unit features 2 bedrooms and 1 bath and has been updated throughout, providing turnkey rental appeal. With both units vacant, investors have the rare opportunity to set market rents from day one. Ideal for buy-and-hold investors or those looking to live in one unit while generating income from the other. Strong rental demand area, close to amenities, transit, and downtown Sold as is, where is. Seller makes no warranties. Buyer to verify all information. Please allow two (2) full business days irrevocable om all offers. Seller reserves the right to accept or decline any offer for any reason. (id:65958)

Subtype: Multi-family
Structure: Duplex
Common interest: Freehold
Lot dimensions: X
Stories: 1.5
On market: Apr 15, 2026
Status changed: Apr 15, 2026
Zoning: RD1.3
Photos: 40
MLS#: 26006232
Area: WINDSOR

Features and systems

Parking

Other

Heating

Baseboard heatersElectricNatural gasFurnace

Exterior

Aluminum/Vinyl

Flooring

LaminateCeramic/Porcelain

Foundation

Block

Negative cash flow ~$440/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-6.61%

Cap rate

4.57%

GRM

13.9

Break-even rent

$2,863

Financing

Down payment$79,800

Loan amount$319,200

Mortgage$1,958/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183

Insurance$80

Maintenance$333

CapEx reserve$166

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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 $1,958/mo at 5.49% with 20% down, 25-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 15, 2026.