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Home ON Greater Windsor Windsor East Windsor
1018 DROUILLARD
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1018 DROUILLARD $549,999
$549,999
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1018 DROUILLARD
Windsor, Ontario N8Y2P8

MLS® Number: 24019399

Listing Description

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. NO WARRANTIES OR REPRESENTATIONS FROM VENDOR OR LISTING SERVICE. (51341487)

Property Summary

Property Type
Multi-family
Building Type
Duplex
Title
Freehold
Land Size
30 FT. X 100 FT.
Parking Type
Other (1)
Time on REALTOR.ca
75 days

Building

Interior Features
Flooring
Hardwood
Building Features
Foundation Type
Block, Unknown
Building Amenities
Shopping Area
Total Units
2
Heating & Cooling
Heating Type
Forced air, (See Remarks)
Exterior Features
Exterior Finish
Aluminum/Vinyl, Brick
Parking
Parking Type
Other (1)

Rooms

Main level
4pc Bathroom
Bedroom
4pc Ensuite bath
Primary Bedroom
Kitchen
Dining room
Living room
Foyer
Second level
3pc Ensuite bath
Bedroom
Bedroom

Land

Other Property Information
Zoning Description
CD2.2
Data provided by: Windsor-Essex County Association of REALTORS® 3020 Deziel Drive, Windsor, Ontario N8W 5H8

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