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Investment signal

$1,250,000

655-91 GILES BOULEVARD

Beds

15

Baths

6

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

5-Unit Townhouse Investment. Rare opportunity to acquire a purpose-built five-plex consisting of five side-by-side brick townhomes in a well-established Windsor residential neighbourhood. These fully self-contained townhouses offer true separation & privacy, eliminating shared hallways or apartment-style living. Each spacious unit features 3 bedrooms & full bathroom on the second floor, with large living rooms with natural fireplace, kitchen, and dining area on the main level. The full basement in every unit provides laundry & additional storage, creating functional layouts that appeal to long-term tenants. The building is well configured for investors, with separate hydro meters, electrical panels, furnaces, central air units, and hot water tanks for each townhouse, simplifying management and operating costs. The end unit-previously owner-occupied-offers additional features including a second bathroom & sunroom. A large garage provides additional storage for owners and partial rental income. The property is currently supported by five long-term tenants, offering immediate stability for investors. Located close to parks, schools, and everyday amenities. This property presents a solid multi-residential asset comprised of five individual townhouse-style units that attract consistent tenancy and long-term occupancy. (id:65958)

Subtype
Multi-family
Structure
Other
Lot dimensions
106 x 114 FT
Bedrooms
15 above grade
Parking
5 total
Stories
2
Fireplace
Yes
On market
Mar 23, 2026
Status changed
Apr 13, 2026
Annual tax
$5,615 (2025)
Photos
30
MLS#
X12909558
Area
WINDSOR

Features and systems

Parking

Detached GarageGarage

Basement

Full

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Block
Negative cash flow ~$2,413/mo at these assumptions

Cash on cash

-11.58%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,790

Financing

Down payment$250,000
Loan amount$1,000,000
Mortgage$6,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573
Insurance$80
Maintenance$1,042
CapEx reserve$521
Vacancy loss$313

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 $6,135/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 13, 2026.

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