Forced Air
$549,999
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:48662)
Property Details
MLS® Number
|
24019399 |
Property Type
|
Multi-family |
Neigbourhood
|
East Windsor |
Building
Amenities
|
Shopping Area |
Exterior Finish
|
Aluminum/vinyl, Brick |
Flooring Type
|
Hardwood |
Foundation Type
|
Block, Unknown |
Heating Fuel
|
See Remarks |
Heating Type
|
Forced Air |
Type
|
Duplex |
Parking
Land
Acreage
|
No |
Size Irregular
|
30 Ft. X 100 Ft. |
Size Total Text
|
30 Ft. X 100 Ft. |
Zoning Description
|
Cd2.2 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
3pc Ensuite Bath |
|
|
Measurements not available |
Second Level |
Bedroom |
|
|
Measurements not available |
Second Level |
Bedroom |
|
|
Measurements not available |
Main Level |
4pc Bathroom |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
Measurements not available |
Main Level |
4pc Ensuite Bath |
|
|
Measurements not available |
Main Level |
Primary Bedroom |
|
|
Measurements not available |
Main Level |
Kitchen |
|
|
Measurements not available |
Main Level |
Dining Room |
|
|
Measurements not available |
Main Level |
Living Room |
|
|
Measurements not available |
Main Level |
Foyer |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/27322088/1018-drouillard-windsor