Type Online-Only Auction
Price Realized Internet Bidding has Closed
Date Sold 4/25/2022


Lot # 1
Group - Category
Lead 586-596 OUELLETTE AVE, WINDSOR ON, CANADA N9A 1B7
Description
ACTION AUCTION - OPEN FOR BIDS - BID PRESENTATION DATE APRIL 25th @ 6pm EST LOCATION DESCRIPTION: Driving downtown Windsor, located on the North East corner of Ouellette Ave and Wyandotte Street East. You have reached your destination once you have parked in the city parking lot, or the public parking garage located next to the property. HIGHLIGHTS: - Complete remodel from walls to floors; all new materials, electrical, plumbing, mechanical, HVAC, new elevator. - 59 Beds (setup as student residence), All Furnished Units. - 6,500 sq ft approx. in Commercial Units. - Complete Remodelled - Floor to Floor. - 3 Stories (21,600 SF) approx. + Basement. - New Elevator, HVAC, Mechanical. - Including New Video Surveillance, cameras, smoke, carbon. INCLUDED: All: Refrigerators, stoves, bedroom furniture, onsite washer and dryer facilities, security camera systems. PROPERTY SUMMARY: https://actionauctions.ca/investment-rentals Accepting Bids Over: $5,495,000.00 CDN Legal Description: 586-596 OUELLETTE AVE, WINDSOR ON, CANADA N9A 1B7 - PLAN 195 E PT LOT 13;E PT LOT 14 BLK D; 7200.00SF 60.00FR 120.00D Property Type: Commercial Zoning Description: CD3.1 Total Commercial Units: 6,500 sq ft approx. Building: 3 Stories + Basement. Total: 21,600 sq ft approx. DESCRIPTION OF LAYOUT OF FLOORS 3RD FLOOR (Unit#: 1) – 8 Single Beds (8 beds) / separate rooms (Unit#: 2) – 3 Single Beds (3 beds) / separate rooms (Unit#: 3) – 4 Double Rooms (8 beds) / shared rooms + 1 Single Room (1 bed) / separate room (Unit#: 4) – 4 Double Rooms (8 beds) / shared rooms + 3 Single Room (3 beds) / separate rooms (Laundry Room) – 3 Washers, 3 Dryers new (Study Room) - (4) Additional desks, chairs for quiet study rooms * All units have separate kitchenette (fridge, stove included), 2 wash rooms, separate heating and cooling, bedrooms include bed, desk, dresser, lamp and peg board in each. 2ND FLOOR (Unit#: 1) – 8 Single Beds (8 beds) / separate rooms (Unit#: 2) – 4 Double Rooms (8 beds) / shared rooms (Unit#: 3) – 4 Double Rooms (8 beds) / shared rooms + 3 Single Rooms (3 bed) / separate rooms (Study Room) - (4) Additional desks, chairs for quiet study rooms * All units have separate kitchenette (fridge, stove included), 2 wash rooms, separate heating and cooling, bedrooms include bed, desk, dresser, lamp and peg board in each. 1ST FLOOR (Unit#: 1) – Commercial Unit – leased (3,600 sq. ft. approx.) (Unit#: 2) – Commercial Unit – available (2,500 sq. ft. approx.) * comes with walk in bank safe BASEMENT (Possible Office Suite) – Large 2 Bedroom Suite + Office, with kitchenette, fridge and stove. * Units have separate office, including video surveillance system, cameras with alarms included. (Gym Room) (Common Area) – Large open area double kitchenette, 2 stoves, 2 fridges, and ready for pool tables, tvs, couch, chairs large open floor – banquet/party room. (Mechanical Room) *All information noted has been researched to the best of our ability. However, all registered bids should verify and confirm all necessary information by their legal counsel and or any municipal/local authorities.
Name 586-596 OUELLETTE AVE WINDSOR ON N9A 1B7
Auctioneer Action Auction Inc.
Type Online-Only Auction
Date(s) 1/26/2022 - 4/25/2022
Location 586-596 OUELLETTE AVE
Windsor, ON N9A 1B7
Buyer Premium A Buyer's Premium may be added to this bid if it is successful.
Description
ACTION AUCTION - OPEN FOR BIDS - BID PRESENTATION DATE APRIL 25th @ 6pm EST LOCATION DESCRIPTION: Driving downtown Windsor, located on the North East corner of Ouellette Ave and Wyandotte Street East. You have reached your destination once you have parked in the city parking lot, or the public parking garage located next to the property. HIGHLIGHTS: - Complete remodel from walls to floors; all new materials, electrical, plumbing, mechanical, HVAC, new elevator. - 59 Beds (setup as student residence), All Furnished Units. - 6,500 sq ft approx. in Commercial Units. - Complete Remodelled - Floor to Floor. - 3 Stories (21,600 SF) approx. + Basement. - New Elevator, HVAC, Mechanical. - Including New Video Surveillance, cameras, smoke, carbon. INCLUDED: All: Refrigerators, stoves, bedroom furniture, onsite washer and dryer facilities, security camera systems. PROPERTY SUMMARY: https://actionauctions.ca/investment-rentals Accepting Bids Over: $5,495,000.00 CDN Legal Description: 586-596 OUELLETTE AVE, WINDSOR ON, CANADA N9A 1B7 - PLAN 195 E PT LOT 13;E PT LOT 14 BLK D; 7200.00SF 60.00FR 120.00D Property Type: Commercial Zoning Description: CD3.1 Total Commercial Units: 6,500 sq ft approx. Building: 3 Stories + Basement. Total: 21,600 sq ft approx. DESCRIPTION OF LAYOUT OF FLOORS 3RD FLOOR (Unit#: 1) – 8 Single Beds (8 beds) / separate rooms (Unit#: 2) – 3 Single Beds (3 beds) / separate rooms (Unit#: 3) – 4 Double Rooms (8 beds) / shared rooms + 1 Single Room (1 bed) / separate room (Unit#: 4) – 4 Double Rooms (8 beds) / shared rooms + 3 Single Room (3 beds) / separate rooms (Laundry Room) – 3 Washers, 3 Dryers new (Study Room) - (4) Additional desks, chairs for quiet study rooms * All units have separate kitchenette (fridge, stove included), 2 wash rooms, separate heating and cooling, bedrooms include bed, desk, dresser, lamp and peg board in each. 2ND FLOOR (Unit#: 1) – 8 Single Beds (8 beds) / separate rooms (Unit#: 2) – 4 Double Rooms (8 beds) / shared rooms (Unit#: 3) – 4 Double Rooms (8 beds) / shared rooms + 3 Single Rooms (3 bed) / separate rooms (Study Room) - (4) Additional desks, chairs for quiet study rooms * All units have separate kitchenette (fridge, stove included), 2 wash rooms, separate heating and cooling, bedrooms include bed, desk, dresser, lamp and peg board in each. 1ST FLOOR (Unit#: 1) – Commercial Unit – leased (3,600 sq. ft. approx.) (Unit#: 2) – Commercial Unit – available (2,500 sq. ft. approx.) * comes with walk in bank safe BASEMENT (Possible Office Suite) – Large 2 Bedroom Suite + Office, with kitchenette, fridge and stove. * Units have separate office, including video surveillance system, cameras with alarms included. (Gym Room) (Common Area) – Large open area double kitchenette, 2 stoves, 2 fridges, and ready for pool tables, tvs, couch, chairs large open floor – banquet/party room. (Mechanical Room) *All information noted has been researched to the best of our ability. However, all registered bids should verify and confirm all necessary information by their legal counsel and or any municipal/local authorities.
Auction Terms & Conditions BIDITHOMES AUCTION - OPEN FOR BIDS - BID PRESENTATION DATE APRIL 25th @ 6pm EST: MLS® listing is a MERE POSTING, property being SOLD "AS IS WHERE IS". BUYERS can schedule appointments to view. All Buyers must exercise their own Due Diligence in the broadest sense; use, permits, etc., PRIOR TO SUBMITTING THEIR BID BY (APS) AGREEMENT PURCHASE AND SALE. ALL BIDS ARE TO BE SUBMITTED IN CASH; NO CONDITIONS WILL BE ENTERTAINED AND MUST HAVE A 7 DAY IRREVOCABLE WHEN SUBMITTED. 4% Processing Fee + HST to be added to the bidding price. A NON REFUNDABLE DEPOSIT OF $120,000.00 CDN payable to ACTION AUCTIONS INC., in Trust pending a signed (APS). All Buyers who have submitted an (APS) upon new bids being received by the Auctioneer @ bidithomes.com This Auction is a soft close; on the last day any new bids will extend bidding by 48 hours. BROKER/AGENT PROTECTED. *All information noted has been researched to the best of our ability. However, all registered bids should verify and confirm all necessary information by their legal counsel and or any municipal/local authorities. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 CAD
95.01 - 975.00 25.00 CAD
975.01 - 9,750.00 250.00 CAD
9,750.01 - 97,500.00 2,500.00 CAD
97,500.01 - 9,999,999.99 10,000.00 CAD