1623-25 DROUILLARD, Windsor, Ontario, N8Y2S4
MLS: 26003771 | House (Freehold)
$499,000
Property Description
ATTENTION INVESTORS AND BUSINESS OWNERS LOOKING FOR SPACE TO OPERATE. FULLY VACANT MIXED-USE BUILDING WITH STRONG CASH FLOW POTENTIAL AND AN ESTIMATED 7.1% CAP RATE AT MARKET RENTS. IDEAL FOR A BUSINESS OWNER TO OCCUPY THE COMMERCIAL SPACE WHILE GENERATING RESIDENTIAL INCOME, OR FOR AN INVESTOR TO LEASE ALL UNITS AT MARKET RATES. PROPERTY FEATURES ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS, ALL VACANT, PROVIDING IMMEDIATE FLEXIBILITY. COMMERCIAL UNIT HAS JUST BEEN COMPLETELY RENOVATED WITH A MODERN DESIGN AND A BRAND-NEW BATHROOM, MAKING IT MOVE-IN READY. RESIDENTIAL UNITS FEATURE UPDATED KITCHENS AND BATHROOMS. UNIT MIX INCLUDES A VACANT COMMERCIAL SPACE, VACANT 2-BEDROOM APARTMENT, AND VACANT BACHELOR APARTMENT. TWO HYDRO METERS AND ONE GAS METER. REAR PARKING WITH FOUR SPACES. OWNED TANKLESS HOT WATER SYSTEM APPROXIMATELY FIVE YEARS OLD PLUS NEW FURNACE AND A/C. ESTIMATED MARKET RENTS: COMMERCIAL $1,900, 2-BEDROOM $1,350, BACHELOR $950. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: None
- Bathrooms: None
- Ownership: Freehold
Listing Provided by: REMAX CAPITAL DIAMOND REALTY
Board: Windsor-Essex County Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Flooring: Ceramic/Porcelain
Lot & Land
- Zoning: CD2.2
Listing Information
Listing History
MLS listing activity for 1623-25 DROUILLARD, Windsor, Ontario, N8Y2S4 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
1457 DROUILLARD ROAD, Windsor
Industrial$6,500/mo
Listing Courtesy of REMAX CARE REALTY
1883 TURNER ROAD Unit# C, Windsor
Industrial$2,500/mo
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1412 TECUMSEH ROAD East, Windsor
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1584 Tecumseh ROAD East, Windsor
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3740 Tecumseh ROAD East, Windsor
Industrial$1,000/mo
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1623-25 DROUILLARD, Windsor, Ontario, N8Y2S4