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3588 SANDWICH STREET, Windsor — listed at $389,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention investors! Exceptional turnkey income property offering outstanding cash flow potential in one of Windsor's strongest rental markets, just steps from the University of Windsor. This spacious 6-bedroom home is ideally configured for student or shared accommodation, with market rental rates of approximately $600 per room, providing excellent income potential. The property is currently generating income with 4 rooms leased at $600/month. The two additional vacant rooms can be leased by the seller prior to closing, subject to the provisions of the Agreement of Purchase and Sale or can be kept vacant if the Buyer so chooses. In 2025, the property generated over $43,000 in gross rental revenue with operating expenses consisting of approximately $1,825 (gas), $3,712 (hydro & water), $2,274.12 (property taxes), $500 (hot water tank rental), and $2,508 (insurance), resulting in an impressive 2025 Net Operating Income (NOI) of $32,700. Located in a high-demand rental area with consistent tenant demand due to its proximity to the University of Windsor, this property offers investors an excellent opportunity to acquire a proven income-producing asset with additional upside through full occupancy. Whether you're looking to expand your investment portfolio or purchase your first cash-flowing property, this is an opportunity you won't want to miss.* MLS Listing Pictures were taken were taken prior to current tenants moving in * * Front porch windows have been damaged and will need to be replaced * (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.3 x 3.9 meters |
| Dining room | Main level | 0.9 x 4.2 meters |
| Living room | Main level | 3.3 x 3 meters |
| Bedroom | Main level | 3.6 x 3.6 meters |
| Bedroom 2 | Second level | 2.7 x 3 meters |
| Bedroom 3 | Second level | 2.7 x 3.3 meters |
| Bedroom 4 | Second level | 3 x 3.3 meters |
| Bedroom 5 | Second level | 3.3 x 3.7 meters |
| Bedroom | Third level | 3.9 x 4.2 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,274.12, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 0 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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