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$2,895,000
Available - For Sale
Listing ID: X9236147
BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue around $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. Financial Information Available.
Extras:   All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops
Price $2,895,000
Taxes: $6,096
Address: 1804 Drouillard Rd , Windsor, N8W 3X5, Ontario
Lot Size: 45 x 100 (Feet)
Directions/Cross Streets: Tecumseh Rd E / Drouillard Rd
Rooms: 12
Bedrooms: 9
Bedrooms +: 3
Washrooms: 12
Kitchens: 9
Kitchens +: 3
Family Room: N
Basement: Finished
Part Bsmt
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 2: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 3: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 4: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 5: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 6: Main Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 7: 2nd Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 8: 2nd Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 9: 2nd Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 10: 2nd Br 20.01 26.24 3 Pc Bath, Modern Kitchen, Large Closet
Room 11: 2nd Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Room 12: 2nd Br 20.01 20.01 3 Pc Bath, Modern Kitchen, Large Closet
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Concrete
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 5000+
Property Features: Hospital
Place Of Worship
Public Transit
Rec Centre
School
School Bus Route
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
Utilities-Gas: Y
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RIGHT AT HOME REALTY

1804 Drouillard Rd , Windsor, N8W 3X5, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Freehold - Multiplex
Area: Essex
Municipality: Windsor
Neighbourhood:
Style: 2-Storey
Lot Size: 45.00 x 100.00(Feet)
Approximate Age:
Tax: $6,096
Maintenance Fee: $0
Beds: 9+3
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908