329 Rankin Avenue
Windsor, Windsor
$429,000
Perfect for investors, Steps to the University of Windsor and in a heavily demanded area. Full basement with extra kitchen and bedroom. The main floor includes a large foyer, a living room with an electric fireplace, a kitchen with an eating area, 4 bedrooms and a 4pc bath. The Upper contains 3 bedrooms and another 4pc bathroom. Ac & furnace updated in 2020. Perfect investment opportunity!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,761 |
| Lot Size | 35.01 ft x 107.5 ft |
| mls© Number | X12755046 |
| Listed By | HIGHPOINT HOMES REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,196
- Property tax
- $313
- Heat allowance
- $150
- Housing costs
- $2,659 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$82,000
gross annual household income
- Payment at 4%
- $1,805 / mo
- Cash down
- $85,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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