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:47423)
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Detailed Information
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
CD2.2
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
Rooms
Room
Level
Dimensions
Notes
3pc Ensuite bath
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
4pc Bathroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
4pc Ensuite bath
Main level
Measurements not available
Primary Bedroom
Main level
Measurements not available
Kitchen
Main level
Measurements not available
Dining room
Main level
Measurements not available
Living room
Main level
Measurements not available
Foyer
Main level
Measurements not available
Parking Spaces
Name
Spaces
Other
1
Land
Total Size
30 FT. X 100 FT.
Size of Irregular Land
30 FT. X 100 FT.
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