1353 Wellington Ave

Essex | | N8X 2C1
  • 12000.0 sqft
  • 0 gar

$1,698,000

Est. Mtg $5,757 /mo
  • Days on market

    105

  • Status

    A

Listing Broker STERLING REALTY INC.
Since listed: 1 views

Home details

MLS #:

X8490422

Property type:
Investment
Style:
Taxes:
$12,650
Possession:
60 Days /TBA
Condo Fee:
Lot Size:
132.51 X 122.75
Zoning:
MD2.13
Use:
Other
Heat:
Elec Forced Air

Description


1353 Wellington Ave, , Essex, Ontario is a Investment property in Essex and in the community in the N8X 2C1 postal code


>>> OPPORTUNITY KNOCKS! <<< Turn Key Multi -Suite Accommodation - Showcasing 18 BRAND NEW RENOVATED Modern Guest Suites! Property has undergone a 3-year long FULL and Extensive Renovation and Mechanical Refurbishment Now Complete! Various Suites Can Accommodate Double Occupancy. Certified and Licensed for 21 Migrant Workers! Ideal Hotel Accommodations / Migrant Worker / Student Housing / Senior Suites. Hotel Ownership Opportunity in a Booming Growth Area. Located in an Established Neighborhood, Steps to Commercial Hub and Close Proximity to Key Routes: >> 4 km / 7 Min to Windsor Casino >> 3.5Km / 6 Min to University of Windsor >> 10 Km / 10 Min to Windsor International Airport! 4500 sf Restaurant Can Be Run as a Complimentary Restaurant or Bistro. RENT Out Restaurant as an Extra Profit Centre - OR- Reconfigure into 5 More Rental Suites and Retain a Guest Cafeteria / Cantina! New Interiors, Washrooms and Hallways, 2 New HVAC Roof Top Units, 18 New Split HAVC Units, Beds, Microwaves and Much More! MASSIVE OVERSIZED PARKING Approx. 75 +/- spots. Potential Expansion / Possible Severance, or Rental Profit Centre with Shuttle Service. Wow! Superbly Maintained Brand New Renovation! Efficient Layout and Significant Potential. Being Offered Well Below Replacement Cost AN EXCEPTIONAL Investment Opportunity Centrally Located in a Rapid Growth Area. Truly a RARE Offering! Offer Submissions Are Welcome. EZ- Access Showings - Call Listing Agent to Make Appointments. Collateral Agreement in Effect..

Extras

Can Be operated as a Stabilized Long Term Multi-Suite Rental -OR- Run as Short Term Accommodation/Hotel for Higher Revenue Stream! -OR- Senior's Home Accommodation!.



Payment calculator

$6811 monthly. In association with: TD Bank
%
  • Principal and Interest
    5757 /mo
  • Property Taxes
    $1054 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Marcus Le , Realtor

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