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 rent...al 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.
Full Property Details
Interior
Bedrooms
12
Total Bedrooms
12
Washrooms
8
Square Footage
5000 + sqft
Basement
None
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
8
Total Kitchens
8
Fireplace Features
No
Bedrooms
12
Total Bedrooms
12
Washrooms
8
Square Footage
5000 + sqft
Basement
None
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
8
Total Kitchens
8
Fireplace Features
No
Exterior
Depth
0.0
Front
72.0
Driveway
Available
Lot Size
72 x 0.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
Detached
Garage Spaces
1
Depth
0.0
Front
72.0
Driveway
Available
Lot Size
72 x 0.0 ft
Pool
None
Parking Spaces
9
Total Parking Spaces
9.00
Parking Description
Detached
Garage Spaces
1
Building Description
Style
Other
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
Other
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Chatham-Kent
Community
Chatham-Kent
Taxes & Fees
Taxes
$14,616.45 /yr
Tax Year
2026
Occupancy
Partial
Taxes
$14,616.45 /yr
Tax Year
2026
Occupancy
Partial
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