143 days on Market

1804 Drouillard Rd, Windsor, Ontario N8W 3X5

Townhouse
9 + 3
12
~5000+ sqft
$2,895,000
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Townhouse
9 + 3
12
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$290/sqft

Est. Mortgage$12,433/mo

Tax Amount (2024)$6,096/yr

Days On Market143 days


Description

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! 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

Style2-Storey
View-
Age of property-
SqFt~5000+ SqFt
Lot Size4,500 SqFt(100 x 45)
Parking Spaces5
MLS ®NumberX9236147
Community NameEast Windsor
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Finished, Part Bsmt

Main Floor

Br

6.10 x 6.10

3 Pc Bath / Modern Kitchen / Large Closet

Br

6.10 x 6.10

3 Pc Bath / Modern Kitchen / Large Closet

Br

6.10 x 6.10

3 Pc Bath / Modern Kitchen / Large Closet

Br

6.10 x 6.10

3 Pc Bath / Modern Kitchen / Large Closet


Features

Lot size: 4,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by RIGHT AT HOME REALTY, Brokerage
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Population and Demographics

Overview

Total population 19055
Average household income $91,586

Age (%)

50 to 64
21%
0 to 19
21%
20 to 34
20%
65 and plus
20%
35 to 49
18%

Household composition (%)

Single family
55%
Single person
40%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
86%
Others
4%
Arabic
3%
French
3%
Spanish
1%

House tenancy (%)

Owners
63%
Renters
37%

Schools and amenities

Estimated Budget