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$1,125,000
Status: For Sale
Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13661296 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :11 Aug, 2026 (14 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Chatham-Kent |
|---|---|
| Postal Code | :
N7L 2T7
|
| Price | : $1,125,000 |
|---|---|
| Property Taxes | :$14616.45 |
| Tax Year | :2026 |
|---|
| Bedrooms | :12 + |
|---|---|
| No. of Rooms | :36 |
| Heating | :Baseboard |
| Cross Street | :McNaughton Ave E and Taylor Ave |
| Bathrooms | :8 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :5000 + sqft |
| Fireplace/Stove | :Yes |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :9 |
| Basement | :No |
| Garage | :Detached |
|---|
11 Aug, 2026
TREB #X13661296
Listed
$1125000.0
