1804 Drouillard Road, Windsor, ON N8W 3X5, Windsor, ON
Bed 12
Bath 12
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 Highlights
For Sale
MLS NO.
X9236147
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
12
Bathrooms
12
Parking
5.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X9236147
Living Area Range
5000 +
Total Bedrooms
12
Bedrooms Above Grade
9
Bedrooms Below Grade
3
Total Bathrooms
12
Total Kitchens
12
Kitchens Above Grade
9
Kitchens Below Grade
3
Rooms Above Grade
12
Interior Features
Sump Pump, Upgraded Insulation, Ventilation System, Water Heater Owned, Water Meter, Separate Heating Controls
Hospital, Public Transit, Rec./Commun.Centre, School Bus Route, School, Place Of Worship
Public Remarks
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.
