1804 Drouillard Rd
Windsor
$2,895,000
Buy with Dwelly and Save $28,950
Home Details
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Listing Description
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.
All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops
City: Windsor
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jul 29, 2024 | 3 | $3,295,000 | N/A | Terminated | X9230586 |
Rooms
Room dimensions for 1804 Drouillard Rd, Windsor
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 1804 Drouillard Rd is 14780
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2895000 |
| Down Payment | $579000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2316000 |
Monthly Payment
| Mortgage Payment | $14272 |
| Property Taxes | $508 |
| Maintenance Fees | $0 |
| Monthly Payment | $14780 |
Sold Comparables
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About 1804 Drouillard Rd, Windsor
Located at 1804 Drouillard Rd , this Windsor house is available for sale. This property was listed for $2,895,000 on Wed Nov 20 2024. This house's size is 5000+ Sqft. It has 9 bedrooms and 12 bathrooms. The property includes the following rooms: Br, Br, Br, Br, Br, Br, Br, Br, Br, Br, Br, Br. This property comes with 5 parking spots.
MLS#: X9236147 · $2,895,000 · 9 bedroom house in Windsor