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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$2,895,000
Available - For Sale
Listing ID: X9236147
1804 Drouillard Rd , Windsor, N8W 3X5, Ontario


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.
Extras:   All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops
Price $2,895,000
Taxes: $6096.00
Address: 1804 Drouillard Rd , Windsor, N8W 3X5, Ontario
Lot Size: 45.00 x 100.00 (Feet)
Directions/Cross Streets: Tecumseh Rd E / Drouillard Rd
Rooms: 12
Bedrooms: 9
Bedrooms +: 3
Kitchens: 9
Kitchens +: 3
Family Room: N
Basement: Finished, Part Bsmt
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick, Concrete
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 5000+
Property Features: Hospital, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
Utilities-Gas: Y
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
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At a Glance:
Type: Freehold - Multiplex
Area: Essex
Municipality: Windsor
Neighbourhood:
Style: 2-Storey
Lot Size: 45.00 x 100.00(Feet)
Approximate Age:
Tax: $6,096
Maintenance Fee: $0
Beds: 9+3
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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