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1311 OUELLETTE

1311 OUELLETTE

Windsor, Ontario

Industrial

$950,000

RARE TURNKEY INVESTMENT !! CURRENTLY RENTED ON A 5 YEAR LEASE @ $2700 ) PER MONTH PLUS HEAT HYDRO WATER AND TAXES WITH A RENEWAL OF A RENT INCREASE OF $100 EACH MONTH PER YEAR. STARTING JULY 1ST 2026 THE RENT GOES UP TO $2800 PER MONTH FOR A YEAR ,THEN INCREASES ACCORDINGLY . THE BUILDING WAS FULLY RENOVATED APROXIMATELY 5 YEARS AGO , NEW WIRING ,NEW PLUMBING ,NEW FLOORING, NEWER ROOF AND MORE. CURRENTLY RENTED TO A HEARING AND HEARING AID HEALTH CENTRE. EXCELLENT LOCATION,GREAT INVESTMENT, NOTHING TO DO EXCEPT GIVE THE TENANT YOUR EMAIL ADDRESS AND START COLLECTING THE RENT. EXTREMELY HIGH TRAFFIC EXPOSURE WITH PLENTY OF PARKING FOR 8 CARS PLUS ADDITIONAL SPOTS AVAILABLE ON THE STREET.

Price History

Community

Postal area N8X

Population
16,457
Private dwellings
7,796
Median age
39.2
Average household size
2.2
Median household income
$60,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Windsor · last 12 months

Median sold price
$477,500
Homes sold
78
Median days on market
34
Sale-to-list price
97.6%

Based on 78 recorded sales of industrial properties in Windsor over the last 12 months.

Location

R

Reita | Assistant

Online

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