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  • Price$499,999
  • Beds4
  • Baths3

1018 Drouillard, Windsor

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. (id:6289)

Essential Information

  • Listing #25004771
  • Price$499,999
  • Bedrooms4
  • Bathrooms3.00
  • Acres0.00
  • TypeSingle Family
  • Sub-TypeHouse

Amenities

  • FeaturesRear Driveway

Exterior

  • ExteriorAluminum/Vinyl
  • Lot Description30X100 FT.
  • FoundationBlock

Community Information

  • Address1018 Drouillard
  • CityWindsor
  • ProvinceOntario
  • Postal CodeN8Y2P8

Interior

  • HeatingSee Remarks Forced air
  • # of Stories2

Listing Details

  • Listing OfficeMANOR WINDSOR REALTY LTD.
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