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Listed 4 months ago

122 Montrose Street

, Windsor

$425,000

Detached|2 1/2 Storey
5 | 3 | 0
About this home

Investor Alert! High-Yield Opportunity in Prime Downtown Windsor! This Two-Story Detached Home is a cash-flow machine situated in one of Downtown Windsor's most sought-after communities. Configured perfectly for rental income, the house boasts an impressive 6 Bedrooms, 3 Full Bathrooms, and 2 Full Kitchens across its three levels. Main Floor - Features a large living room, dining area, a big kitchen, and a bedroom with a full bathroom. Second Floor - Offers four spacious bedrooms and a full bathroom. Finished Basement - A complete, self-contained unit with a large kitchen, living room, a bedroom, and a full bathroom-ideal for immediate rental income. Unbeatable Location Just minutes from Windsor University, the Ambassador Bridge, major highways, schools, parks, and all downtown amenities. Don't miss your chance to acquire this prime piece of real estate! Potential for significant rental revenue awaits.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$1,949
Lot Size30 ft x 83 ft
mls© NumberX13234554
Listed ByCMI REAL ESTATE INC.

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%
$2,175
Property tax
$162
Heat allowance
$150
Housing costs
$2,488 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,000
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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