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515 Bridge Avenue

, Windsor

$399,000

Detached|2-Storey
3 | 3 | 7
About this home

TURNKEY CASH- FLOW ENGINE- FULLY RENTED AT $3,200/MONTH! Attention investors: Secure a Premium, hands-off income property with an exceptional cap rate and an ultra-low gross Multiplier. Located just a 2 -minute walk from the university of Windsor campus! PRIME FINANCIALS & LOCATION: Immediate Income: Fully occupied and generating a massive $3,200/ Month. Premium Location: Unbeatable student/ faculty rental pool-literally steps to campus. Turnkey Portfolio Addition: High-quality tenants already in place for day -one returns. ZERO IMMEDIATE CAPITAL EXPENSE (COMPLETELY RENOVATED): Mechanicals: Brand- new , high-efficiency furnace and water heater & air conditioner installed early 2026. Infrastructure: Modern 5 bedroom and 3 full bathrooms. No Carpet-durable Luxury vinyl flooring throughout. Kitchen: Sparkling quarts countertops paired with custom, heavy- duty MDF cabinetry. FUTURE UPSIDE &PARKING: Massive Parking: Rare, oversized parking lot accommodating up to 5 vehicles at rear with dual street access. front yard parking with legal curb cut (only one in street) 2 Curb side parking as well NOTE: There is no full basement (its partial/mechanical basement only)

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,697
Lot Size25 ft x 100.75 ft
mls© NumberX13523522
Listed ByGOLD TITANZ 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%
$2,042
Property tax
$141
Heat allowance
$150
Housing costs
$2,334 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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