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Listed 2 months ago

523 Caron Avenue

, Windsor

$524,000

Detached|2-Storey
6 | 4 | 2
About this home

TURNKEY, COMPLETELY RENOVATED, FULLY TENANTED ABOVE MARKET RENT. This high yield side-by-side duplex at 523 Caron Ave, Windsor, generating $4,850 per month in gross rental income with a flawless track record of zero vacancies since 2022. Featuring a main 6-bedroom, 3-bathroom unit alongside a separate 1-bedroom, 1-bathroom unit with in-house laundry, this property sits on an expansive 50x140 ft lot and includes an unfinished basement for future upside. Over $220,000 has been invested in CODE COMPLIENT, top-to-bottom renovations including wiring, drywall, hydro panels, flooring, windows, roof, HVAC and all modern finishes. All renovations completed in January 2026. Ideally situated just minutes from the University of Windsor, the scenic riverfront, and public transit. This turnkey, cash-flowing asset delivers instant, reliable returns for any investor. VACANT POSSESSION IS AN OPTION.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$2,977
Lot Size50 ft x 140 ft
mls© NumberX13723754
Listed ByEXP 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%
$2,682
Property tax
$248
Heat allowance
$150
Housing costs
$3,080 / mo

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

Down payment20% · $104,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,205 / mo
Cash down
$104,800

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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