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2190 Wyandotte West Windsor, Ontario N9B 1J9

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3000

$785,000

EXCELLENT INVESTMENT OPPORTUNITY. PRIME UNIVERSITY AREA, ACROSS FROM THE ENGINEERING BLDG, THIS EXTENSIVE RENOVATED SOLID FULL BRICK 2 STY BLDG CONSISTS OF MAIN FLR KARAOKE AREA OF 5 GORGEOUS PRIVATE ROOMS, RENTED FOR $3,300 PER MONTH & UTILITIES & COMMERCIAL PART OF PPTY TAX, HEATED BY GAS FURNACE W/A/C. 2ND FLR HAS 2- 2 BDRMS, RENTED FOR $800 & 2- 1 BDRMS RENTED FOR $600 ALL INCL, HEATED BY HOT WATER HEATER (BOILER), REAR ONSITE PRKG FOR 3 CARS. SOME NEWER WNDWS, UPDATED ELECTRICAL & SOME PLUMBING. BUYER TO ASSUME ALL EXISTING TENANTS ON CLOSING. TOTAL RENT FOR 4 UNITS: $2,800 PER MONTH. TOTAL ANNUAL INCOME $73,200 EXP $12,813 NOI: $60,387 CAP RATE 7.7%. COMMERCIAL UNIT, LEASE EXP APRIL 30, 2019 WITH AN OPTION TO RENEW FOR 5 YEARS. (id:22529)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number 1801541
Property Type Industrial
Neigbourhood University

Building

Fireplace Present No
Size Interior 3000
Total Finished Area 3000 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Unknown
Size Irregular 38.17 X Irreg
Size Total Text 38.17 X Irreg
Zoning Description Cd2.1

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19150836