201 Grand AVE, Chatham-kent, ON N7L 1C2
201 Grand AVE, Chatham-kent, ON N7L 1C2
201 Grand AVE, Chatham-kent, ON N7L 1C2
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$359,999
Est. payment /mo
2 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Chatham

MLS Listing ID X13048314

Style 2-Storey

Bedrooms 2

Annual Tax Amount $3,800

Tax Year 2026

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Chatham-kent

Area Chatham-Kent

Rooms

Basement Unfinished

Kitchen 2

Interior

Interior Features Water Heater Owned, Sump Pump

Cooling Central Air

Inclusions 2 fridges 2 stoves, dish washer

Exterior

Parking Features Detached

Pool None

Roof Type Metal

Total Parking Spaces 6

Building

Foundation Unknown

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Lited by HOMELIFE/MIRACLE REALTY LTD

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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201 Grand AVE

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