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Listed 4 months ago

356 Rankin Avenue

, Windsor

$529,000

Detached|2-Storey
6 | 2 | 1
About this home

Great oppotunity for living & investment nearby Windsor University campus. This excellent maintained house includes 6+1 Bedrooms,2 Kitchens, 2 full Bathrooms; New windows and New roof upgraded in 2024; New furnance and AC rented in 2024; Also Closed to US boarder, Detroit river, and many amenities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,829
Lot Size30 ft x 107 ft
mls© NumberX13467828
Listed ByINITIA REAL ESTATE (ONTARIO) LTD

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%
$2,708
Property tax
$236
Heat allowance
$150
Housing costs
$3,093 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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