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1657-59 DROUILLARD Road

1657-59 DROUILLARD Road

Windsor, Ontario

  • Industrial
$1,199,000

ATTENTION INVESTORS! EXCEPTIONAL OPPORTUNITY TO ACQUIRE A FULLY RENOVATED MIXED-USE BUILDING FEATURING 5 TOTAL UNITS, INCLUDING 2 COMMERCIAL UNITS AND 3 RESIDENTIAL UNITS. THIS PROPERTY HAS BEEN COMPLETELY REBUILT WITH BRAND NEW ROOF, HVAC, PLUMBING, ELECTRICAL, AND A FULLY PAID-OFF SECURITY SYSTEM, PROVIDING A TRUE TURN-KEY INVESTMENT OPPORTUNITY. THE 3 RESIDENTIAL UNITS ARE MOVE-IN READY AND INCLUDE BRAND NEW APPLIANCES, SEPARATE IN-SUITE LAUNDRY, MODERN FINISHES, AND INDIVIDUAL ELECTRIC METERS. THE BUILDING FEATURES A TOTAL OF 5 SEPARATE ELECTRIC METERS, OFFERING EFFICIENT UTILITY MANAGEMENT AND REDUCED LANDLORD EXPENSES. ALL WORK HAS BEEN COMPLETED WITH CITY PERMITS, OFFERING PEACE OF MIND AND CONFIDENCE IN THE QUALITY OF CONSTRUCTION. THIS IS ESSENTIALLY A BRAND-NEW BUILDING WITH MINIMAL FUTURE CAPITAL EXPENDITURES EXPECTED. PROJECTED TO GENERATE OVER $9,000 PER MONTH IN GROSS RENTAL INCOME, THIS PROPERTY OFFERS STRONG CASH FLOW POTENTIAL AND IS IDEAL FOR INVESTORS. AVAILABLE FOR OFFERS AS THEY COME. https://youriguide.com/1657_59_drouillard_rd_windsor_on/

Price History

Community

Postal area N8Y

Population
19,254
Private dwellings
9,686
Median age
42.8
Average household size
2.1
Median household income
$62,800

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
97.4%

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

Walk Score

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Location

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