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1018 Drouillard Windsor, Ontario N8Y 2P8

$499,999

PRIME MIXED-USE PROPERTY ON A BUSTLING MAIN THOROUGHFARE IN THE RAPIDLY GROWING AREA OF FORD CITY. THIS INVESTMENT FEATURES A RETAIL SPACE AT THE FRONT, CURRENTLY LEASED TO A RELIABLE TENANT, PROVIDING IMMEDIATE CASH FLOW. THE REAR RESIDENTIAL UNIT IS A BLANK CANVAS READY FOR RENOVATION (INCLUDES SPACE IN BACK FOR PARKING). TWO OPTIONS: 1) BUY, RENOVATE, AND BENEFIT FROM THE AREA'S INCREASING VALUE AND RENTAL DEMAND. 2) LIVE IN THE RESIDENTIAL UNIT AND OFFSET EXPENSES WITH RENTAL INCOME FROM THE COMMERCIAL SPACE. DROUILLARD RD. IS THRIVING WITH NEW BUSINESSES AND RESIDENTIAL GROWTH, PROMISING A VIBRANT COMMUNITY AND RISING PROPERTY VALUES. COMMERCIAL UNIT AVAILABLE FOR SHOWINGS DURING OPERATIONAL HOURS. 5-YEAR LEASE STARTING JUNE 2024 AT $1,800/MONTH + HST, WITH $100 ANNUAL INCREASES. SOLD AS-IS. (id:61445)

Property Details

MLS® Number 25004772
Property Type Multi-family
EquipmentType Water Heater - Gas
RentalEquipmentType Water Heater - Gas

Building

Amenities Shopping Area
ExteriorFinish Aluminum/vinyl, Brick
FlooringType Hardwood
FoundationType Block, Unknown
HeatingFuel See Remarks
StoriesTotal 2
Type Duplex

Parking

Other 1

Land

Acreage No
SizeIrregular 30 Ft. X 100 Ft.
SizeTotalText 30 Ft. X 100 Ft.
ZoningDescription Cd2.2

Rooms

Level Type Dimensions
Second Level 3pc Ensuite Bath Measurements not available
Second Level Bedroom Measurements not available
Second Level Bedroom Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom Measurements not available
Main Level 4pc Ensuite Bath Measurements not available
Main Level Bedroom Measurements not available
Main Level Kitchen Measurements not available
Main Level Dining Room Measurements not available
Main Level Living Room Measurements not available
Main Level Foyer Measurements not available

https://www.realtor.ca/real-estate/27964922/1018-drouillard-windsor

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Reed Renaud
REALTOR®


Manor Windsor Realty Ltd. - 455
3276 Walker Rd
Windsor, Ontario N8W 3R8

Rhys Trenhaile, Bsc., Jd
Broker


Manor Windsor Realty Ltd. - 455
3276 Walker Rd
Windsor, Ontario N8W 3R8

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