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1018 Drouillard Rd

Drouillard Rd, East End, Windsor, ON, N8Y 2P8

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Beds
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Baths
$549,999
List Price
Details
Photos
17
Comparables
History
1018 Drouillard Rd, Windsor, ON - 1 of 3
1018 Drouillard Rd, Windsor, ON - 2 of 3
1018 Drouillard Rd, Windsor, ON - 3 of 3
91 days on market

Quick Summary

  • Prime mixed-use property on a bustling main street
  • Retail space currently leased to reliable tenant
  • Residential unit ready for renovation with parking
  • Thriving Drouillard Rd. with new businesses and growth
  • Existing 5-year commercial lease at $1,800/month
  • Opportunity to live in residential unit and earn rental
  • Increasing property values in rapidly growing area
  • Sold as-is with no warranties from vendor

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:... Show More

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. NO WARRANTIES OR REPRESENTATIONS FROM VENDOR OR LISTING SERVICE. (id:54626)

Property Details

Build

Year Built
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Model Name
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Basement
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Exterior
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Foundation
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Builder Name
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Stories
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Flooring
Hardwood
Roof
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
24019403
Last Updated
August 22, 2024
Brokerage
MANOR WINDSOR REALTY LTD. - 455
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