406 Glengarry Avenue, Windsor, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Windsor. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 25 x 80.42 ft lot
- 1.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Turn-Key Front/Back Duplex Downtown. Exceptional investment opportunity on a corner lot!! This well-maintained front-back duplex offers two spacious units, each featuring two bedrooms across two levels, providing comfortable and functional living spaces for tenants or owner-occupants alike. Both units come with full, owned appliances (nothing rented), and the property benefits from a recently updated roof, offering peace of mind and reduced maintenance costs for years to come. Each tenant is responsible for all their own utilities, keeping operating expenses low and predictable. The rear unit is currently rented at $1,700/month (FMV), while the front unit is rented at $1,000/month with pro-forma market rents estimated at $1,600/month. For buyers looking to owner-occupy, it is possible to pursue vacant possession for personal use with N12 (buyer to verify requirements directly), live in the front unit, and enjoy strong market rents from the rear. Listed at an attractive 5.8% CAP rate, this property stands out as one of the best value opportunities in the area-ideal for investors, partial owner-occupiers, and anyone seeking solid cashflow in an income-generating duplex. Don't miss your chance to secure a strong cash-flowing property in a prime Windsor location!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 406 Glengarry Avenue, Windsor, ON N9A 1P9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Windsor, ON
For a property listed at $499,000 in Windsor, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Windsor (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.