Windsor, ON N8Y2P8 1018 DROUILLARD
$549,999
12 more
Presented By: MANOR WINDSOR REALTY LTD. - 455
Home Details
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. (id:7434)
Presented By: MANOR WINDSOR REALTY LTD. - 455
Interior Features for 1018 DROUILLARD
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelSee Remarks
Building Heating TypeForced air
Flooring TypeHardwood
General for 1018 DROUILLARD
Building AmenitiesShopping Area
Building TypeDuplex
Foundation TypeBlock, Unknown
Ownership TypeFreehold
Property TypeMulti-family
Zoning DescriptionCD2.2
Exterior for 1018 DROUILLARD
Exterior FinishAluminum/Vinyl, Brick
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty