1804 Drouillard Rd, Windsor, Ontario N8W 3X5
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$730,000*
Price/Sqft$290/sqft
Est. Mortgage$12,433/mth
Tax Amount (2024)$6,096/yr
Days On Market31 days
Description
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.
Property Details
Interior
Features
Main Floor
Br
6.10 x 6.103 Pc Bath / Modern Kitchen / Large Closet
Br
6.10 x 6.103 Pc Bath / Modern Kitchen / Large Closet
Br
6.10 x 6.103 Pc Bath / Modern Kitchen / Large Closet
Br
6.10 x 6.103 Pc Bath / Modern Kitchen / Large Closet
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 5
Total parking spaces 5
Property History
40
40