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Last Updated : 293 Days ago
1353 Wellington Ave, Essex, Ontario,

1353 Wellington Ave, Essex MLS Number: X8490422

Essex, ON, N8X 2C1

$1,698,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $12649.73 (Tax Year:2024)
  • Listing Courtesy : Sterling Realty Inc.

1353 Wellington Ave Property Description

>>> 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!

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1353 Wellington Ave Property Facts

Property Type :Commercial
MLS Number :X8490422
Listing Type :Sale
Possession Date :
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Last Updated :14 Feb, 2025 (293 Days ago)
Source :TRREB
Area :Essex
Postal Code : N8X 2C1
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1353 Wellington Ave Property Price & Tax Insights

Price : $1,698,000
Property Taxes :$12649.73
Tax Year :2024

1353 Wellington Ave, Essex Property Details

Cross Street :Tecumseh & Wellington

1353 Wellington Ave, Essex - Price History

2024-06

29 Jun, 2024

TREB #X8490422

Available

$1698000.0

1353 Wellington Ave - Location Map and Landmarks

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