Home with vinyl exterior material, street for 393 ELM Ave, Windsor Ontario N9A 5H2
1 day on Market

393 ELM Ave, Windsor, Ontario N9A 5H2

Detached
4 + 1
3
- sqft
$479,900
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Detached
4 + 1
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,061/mo

Tax Amount (2024)$1,626/yr

Days On Market1 day


Description

RARE DUPLEX WITH A THIRD POTENTIAL INCOME SUITE OFFERING EXCELLENT CASH FLOW AND FLEXIBILITY. TWO VACANT UNITS ALLOW YOU TO CHOOSE YOUR OWN TENANTS AT MARKET RENTS, WHILE THE MAIN FLOOR IS TENANTED AT $1200 INCLUSIVE. THE SECOND FLOOR FEATURES THREE BEDROOMS (INCLUDING FINISHED LOFT) WITH PROJECTED MARKET RENTS OF $1675/MONTH. THE BASEMENT SUITE, WITH PRIVATE ENTRANCE, OFFERS ADDITIONAL INCOME POTENTIAL WITH PROJECTED MARKET RENTS OF $1000/MONTH. EACH UNIT HAS SEPARATE LAUNDRY AND REAR PARKING. IDEALLY LOCATED NEAR THE UNIVERSITY AND U.S. BORDER, THIS PROPERTY COMBINES STRONG RENTAL UPSIDE WITH AN UNBEATABLE LOCATION.


Property Details

Style2 1/2 Storey,2 Storey,Duplex
View-
Age of property-
SqFt-
Lot Size3,410 SqFt(110 x 31)
Parking Spaces-
MLS ®Number25011367
Community NameUniversity
Data SourceWESC
Listing byREMAX CAPITAL DIAMOND REALTY

Features

Heating: Baseboard Heaters,Forced Air,Furnace
Cooling: Central Air Conditioning
Basement: Full

MAIN LEVEL Floor

LIVING ROOM

EATING AREA

BEDROOM

KITCHEN


Features

Lot size: 3,410 SqFt

Property History

May 7, 2025
ListedActive
$479,900
1 day on market
history photo preview25
Listing by wesc®
Property listed by REMAX CAPITAL DIAMOND REALTY, Brokerage
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Market Data - University

Geo Zone Map ThumbnailUniversity

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

1 day

2023

7 days

2022

10 days

New Listings

Past 30 days

48 listings

Compared to

2024

36 listings

2023

6 listings

2022

8 listings

Units sold

Past 30 days

0 unit

Compared to

2024

1 unit

2023

1 unit

2022

4 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$379,000

2023

$495,000

2022

$624,251


Population and Demographics

Overview

Total population 14019
Average household income $73,818

Age (%)

20 to 34
39%
0 to 19
18%
50 to 64
16%
35 to 49
14%
65 and plus
13%

Household composition (%)

Single person
43%
Single family
40%
Multi person
17%
Multi family
0%

Mother tongue (%)

English
71%
Arabic
7%
Gujarati
4%
Others
4%
Mandarin
3%
Punjabi (Panjabi)
2%
Hindi
2%
French
1%
Telugu
1%
Vietnamese
1%

House tenancy (%)

Renters
66%
Owners
34%

Schools and amenities

Estimated Budget