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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$389,000
Available - For Sale
Listing ID: X13048314
Rare multi-use corner triplex property in a high-traffic, highly visible location near downtown Chatham Kent Health Alliance Hospital. This property offers two large driveways, approximately 9 parking spaces, multiple income streams, and excellent flexibility for investors, owner-users, or buyers looking for residential and commercial potential. The property includes a one-bedroom corner unit, a one-bedroom upstairs apartment, a commercial unit, a large unfinished basement, and outdoor storage sheds. Current income includes the commercial unit rented for $1,000/month, the upstairs unit rented for $1,425/month, and the fully furnished Airbnb unit generating income potential of up to $1,500-$2,000/month. The Airbnb setup can potentially be taken over as-is, making this a strong turnkey income opportunity.The commercial space is suitable for office use, professional services, retail/service business, beauty/personal service, consulting, or other small business use. The large unfinished basement offers value-add potential for storage, future build-out, workspace, or additional functional space.Approximately $30,000 spent on recent upgrades, including new flooring in the commercial unit, plus an upgraded bathroom in the corner unit. With strong parking, corner exposure, existing income, and future upside, this is a rare opportunity to generate income today while holding a property with long-term potential, including possible affordable rental housing or future redevelopment plans, subject to approvals.
Price $389,000
Taxes: $3,800
Occupancy by: Tenant
Address: 201 Grand Avenue , Chatham-Kent, N7L 1C2, Chatham-Kent
Directions/Cross Streets: Lacroix St
Rooms: 5
Bedrooms: 2
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Upper
Washroom 3:  3 Main
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Upper
Washroom 8:  3 Main
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Upper
Washroom 13:  3 Main
Washroom 14:  0
Washroom 15:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Brick Front
Garage Type: Detached
Drive Parking Spaces: 6
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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HOMELIFE/MIRACLE REALTY LTD

201 Grand Avenue , Chatham-Kent, N7L 1C2, Chatham-Kent

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style: 2-Storey
Lot Size: x 102.00(Feet)
Approximate Age:
Tax: $3,800
Maintenance Fee: $0
Beds: 2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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