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$499,999
1018 DROUILLARD
Windsor, Ontario, Ontario, N8Y2P8
MLS® Number: 25004771
Property 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.
Building information
Type
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Construction Style Attachment
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Exterior Finish
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Flooring Type
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Foundation Type
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Heating Fuel
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Heating Type
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Stories Total
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Land information
Fence Type
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Size Irregular
*****
Size Total
*****
Rooms
Main level
Foyer
*****
Living room
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Dining room
*****
Kitchen
*****
Bedroom
*****
4pc Ensuite bath
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Bedroom
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4pc Bathroom
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Second level
Bedroom
*****
Bedroom
*****
3pc Ensuite bath
*****
Courtesy of MANOR WINDSOR REALTY LTD.
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