Chatham-Kent · N7L 3G1
$890,000
$445 / sq ft1 weeks on market
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Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
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An estimate on the asking price of $890,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY INC.. 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.