$649,999
959 WESTMINSTER BOULEVARD
Beds
6
Baths
3 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
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
Turnkey income property with built-in development potential. This fully renovated two-unit property generates $3,400/month in rental income and sits on a rare oversized lot with severance potential. Both units have been extensively updated with new flooring, modern kitchens, fresh paint, and a new washer and dryer, while the roof has been repaired, offering a low-maintenance investment. Each unit operates independently with its own HVAC system, including AC and heat pump, controlled by separate thermostats, along with separate hot watertanks, eliminating shared utility concerns. The property sits on approximately 973 m with~21.33 m frontage and includes a side parcel recognized as a separate lot on title. A professional feasibility study confirms strong potential for severance. Under current RD1.2zoning, the property permits one single detached and one duplex as-of-right, with potential for two single detached homes subject to minor variance. A rare opportunity for investors or builders to generate strong income while unlocking additional future value. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Windsor
- Common interest
- Freehold
- Lot dimensions
- 70 x 150.4 FT
- Bedrooms
- 5 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 2
- On market
- Apr 20, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $2,894
- Photos
- 33
- MLS#
- X13020446
- Area
- WINDSOR
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Utilities
Cash on cash
-6.37%
Cap rate
3.59%
GRM
16.4
Break-even rent
$4,026
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.