Chatham-Kent · N7M 4S9
$429,990
$37 / sq ft3 weeks on market
Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser.
What similar homes in this area actually sold for.
What did similar homes nearby sell for?
Asking prices say what a seller wants. I'll send you what comparable homes in this area actually closed at, and how long they took.
Send me nearby sold pricesNo cost, no obligation.
Find out what this property has sold for before
If this address has traded before, I can tell you what it last sold for, when, and how the price moved along the way.
Show me this property's historyNo cost, no obligation.
What this home costs beyond the asking price, and how that price compares to what else is on the market.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $429,990. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.