On the market for 58 days — longer than average. The seller may be open to negotiation.
Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Chatham-Kent. Data updates daily.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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