1804 Drouillard Rd

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. 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 – Contact Listing Agent.

Listing courtesy of RIGHT AT HOME REALTY. Listing data ©2024 Toronto Real Estate Board. Information deemed reliable but not guaranteed by TREB. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: Thursday, August 1st, 2024 06:20:59 PM.
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