241 Grand Avenue E,Chatham-Kent, ON N7L 1W7
Chatham-Kent, ON N7L 1W7
Description
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.
Details
| MLS # | X13873574 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 13 |
| Listing Provided By | EXP REALTY | X13873574 285400 |
Features
| SQ Feet | 4,747 |
|---|---|
| Acreage | 0.11 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 13500 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N7L 1W7 |
| Area | Chatham |
| Listing VS Median (in N7L 1W7) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 4,747 low | high Med: 4,747 $ / sqft: $253 low | high Med: $253 On site: 13 low | high Med: 13 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N7L 1W7 |
| Area | Chatham |
| Listing VS Median (in N7L 1W7) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 4,747 low | high Med: 4,747 $ / sqft: $253 low | high Med: $253 On site: 13 low | high Med: 13 | |