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Listed 23 days ago

941 Cataraqui Street

, Windsor

$399,000

Detached|2-Storey
5 | 3 | 0
About this home

ATTENTION FIRST-TIME BUYERS, RETIREES& INVESTORS! Spacious, recently fully updated 2-storey home in the heart of Windsor, offering 5 bedrooms, 1 full bath & 2 half baths on a good-size lot with huge fenced backyard and alley access. Main floor features 2 bedrooms or a family room and 1 BR, a renovated kitchen with quartz countertops & new appliances, a bright dining area, large windows, new vinyl flooring, LED lighting & a 2-pc bath. 2nd floor offers 4 generous bedrooms & 1 updated full bath. Drywall-finished basement with a separate entrance, lot windows, large laundry room & potential for an in-law suite/income-generating unit with a living room, bedrooms & a full bath rough-in. Major updates include a brand-new 200-amp electrical panel & wiring, all-new plumbing, ductwork, spray foam basement insulation & additional insulation, including attic insulation. Alley access on the side and rear offers excellent ADU potential, with space to build a new 2-bedroom, 2-bath unit (subject to buyer verification) or for rental use. Within walking distance of the Detroit Riverfront, Caesars Windsor & Windsor Little Italy Town, offering potential for Airbnb or short-term rental use. Prime location close to the river, lake, trails, parks, shopping, famous restaurants, public transit & schools. Ideal for a large family, investors, retirees or those seeking future rental income potential. Don't miss this exceptional opportunity!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,118
Lot Size34.75 ft x 100 ft
mls© NumberX13819052
Listed ByNU STREAM REALTY (TORONTO) INC.

Listing History

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  • 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
$176
Heat allowance
$150
Housing costs
$2,369 / mo

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

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

Income needed

$73,000

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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