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1804 Drouillard Rd

Drouillard Rd, East End, Windsor, ON, N8W 3X5

12
Beds
12
Baths
$2,895,000
List Price
Details
Photos
40
Comparables
History
1804 Drouillard Rd, Windsor, ON - 1 of 3
1804 Drouillard Rd, Windsor, ON - 2 of 3
1804 Drouillard Rd, Windsor, ON - 3 of 3
50 days on market

Quick Summary

  • Brand-new reconstructed 12-unit multi-residential
  • Luxury and convenient location near amenities
  • Selling below appraised value of $3.1M
  • Projected high cap rate of 7.2% in 2026
  • Modern kitchens and bathrooms in all units
  • Keyless entry system throughout building
  • On-site coin-operated laundry room
  • All 12 units above ground with appliances

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. 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%... Show More

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. 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 (id:54626)

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Property Details

Size

Sq. Ft. Not Available
12 total rooms across 2 floors
12 Beds
9 Above Grade - 3 Below Grade
12 Baths
12 Full

Parking

5 Parking Spaces
-

Lot

Size
540′0″ * 1200′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick, Concrete
Foundation
Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Heat Pump
Cooling
Wall unit, Ventilation system

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom

20′0″ x 20′0″

Bedroom

20′0″ x 20′0″

Bedroom

20′0″ x 20′0″

Bedroom

20′0″ x 20′0″

Bedroom

20′0″ x 20′0″

Bedroom

26′3″ x 20′0″

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Source

Listing Brokerage

MLS® Listing
X9236147
Last Updated
September 19, 2024
Brokerage
RIGHT AT HOME REALTY
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Call us 800-591-0566

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