ON > Windsor
Windsor, ON N8W 3X5,1804 Drouillard RD
Windsor, ON N8W 3X5,1804 Drouillard RD
Windsor, ON N8W 3X5,1804 Drouillard RD
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$2,895,000
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9 BD
12 BA
Active

1804 Drouillard RD Windsor, ON N8W 3X5

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Keyvan Foroughi

Keyvan Foroughi

+1(416) 702-9055

UPDATED:

11/20/2024 10:24 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X9236147

Style 2-Storey

Bedrooms 9

Annual Tax Amount $6,096

Tax Year 2024

Property Description

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.

Location

Province ON

County Essex

Area Essex

Rooms

Family Room No

Basement Finished, Partial Basement

Kitchen 12

Separate Den/Office 3

Interior

Interior Features Sump Pump, Upgraded Insulation, Ventilation System, Water Heater Owned, Water Meter, Separate Heating Controls

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Garage Spaces 5.0

Pool None

Roof Type Flat

Lot Depth 100.0

Total Parking Spaces 5

Building

Unit Features Hospital,Public Transit,Rec./Commun.Centre,School Bus Route,School,Place Of Worship

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Heat Detector,Security System,Smoke Detector

Listed by RIGHT AT HOME REALTY

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Keyvan Foroughi

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+1(416) 702-9055

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1804 Drouillard RD