986 Bridge Avenue
Windsor, Windsor
$329,900
CASHFLOWING. TURNKEY. TENANT-READY PROPERTY.. Steps from the University of Windsor in one of Ontario's most affordable markets with strong rentals. Finished basement with separate entrance means dual-income potential from day1.,Walking distance to transit, grocery, and major amenities. Currently tenanted, strong cashflowing property for investors looking to add a low risk rental to their portfolio. 2500$ plus Potential for very convenient location for Groceries, Banks, Shopper Drug Mart, transit Minutes to Windsor University , Riverside view, Close Proximity to Bridge to USA , Transit Renters friendly , Presently Rented
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,500 |
| Lot Size | 25 ft x 102.1 ft |
| mls© Number | X13642588 |
| Listed By | CENTURY 21 PEOPLE`S CHOICE REALTY 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%
- $1,689
- Property tax
- $125
- Heat allowance
- $150
- Housing costs
- $1,964 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$60,000
gross annual household income
- Payment at 4%
- $1,388 / mo
- Cash down
- $65,980
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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