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For sale · MLS® X13873574

241 Grand Avenue E, Chatham-Kent, ON N7L 1W7

Chatham-Kent, ON N7L 1W7

$1,200,000Asking price
MLS entry age: 25 days— Bedrooms— Bathrooms4747 Reported areaInvestment Type

About this property

Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.

Property facts & features

Days on market
Not reported
Property type
Investment
MLS® number
X13873574
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
4747
Neighbourhood
Not provided
Postal code
N7L 1W7
Garage
None
Lot depth (source units)
56.21
Annual property tax
13500
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided
MLS entry age (not confirmed DOM)
25 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $1,200,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13873574. Information deemed reliable but not guaranteed.

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