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Tyler Verheul

tyler@tylervproperties.ca +1(613) 797-0208

$349,999

Est. payment - /mo

5 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 Wallaceburg

MLS Listing ID X13048896

Style 1 1/2 Storey

Bedrooms 5

Annual Tax Amount $2,000

Tax Year 2025

Property Sub-Type Triplex

Property Description

Rare flexible opportunity in a high-traffic location near downtown Wallaceburg, approx. 1,738 sq ft. This corner-lot property offers excellent exposure multiple private entrances and strong live/rent/business potential. Property features three functional areas: Unit 1 is a ground-level private corner room with separate entrance, attached washroom and private parking, ideal for private room rental, guest suite, home office or part of the main house. The middle residential portion is a spacious custom-style home with 4 bedrooms upstairs, separate living/dining areas, bright eat-in kitchen with large windows and a spacious bathroom with double sink vanity and storage. The 4th room is currently used as laundry and can be relocated as per buyer preference. Unit 3 is the commercial-style unit with its own washroom, recently added shower and laundry, creating strong potential for a small business or flexible- use space. Commercial unit is ideal for a much-needed business in this area such as coffee shop, bakery, café, pizza shop/Pizza Pizza-style franchise, takeout, fish & chips, retail, office, beauty/personal service or similar use. Buyer may live in the main house, rent Unit 1/private room and operate or lease Unit 3 for extra income. Recent upgrades include new flooring in the middle house, shower/washroom improvements in Unit 1, newly added shower/laundry in Unit 3 and newer furnace/AC HVAC system valued at approx. $12,500. Five total parking spaces on both sides: one private space for Unit 1 and four side spaces. Residential parts/units are fully furnished and on Airbnb with income potential $4,000+ per month. Commercial income depends on business and can potentially be $10,000+. Close to Sydenham River, marinas, boating, fishing, outdoor recreation, and approx. 12 min drive to Walpole Island and Walpole-Algonac Ferry to Michigan, USA. Garden shed for storage, lower property tax, immediate possession available.

Location

Province ON

County Chatham-kent

Area Chatham-Kent

Rooms

Basement Crawl Space

Kitchen 2

Interior

Interior Features Built-In Oven, Countertop Range, Water Heater Owned

Cooling Central Air

Inclusions Two Stove, Three Fridges, Two DishwasherTwo Washer and Dryer

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Concrete, Concrete Block

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Lited by HOMELIFE/MIRACLE REALTY LTD

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+1(613) 797-0208

tyler@tylervproperties.ca

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217 Creek ST Chatham-kent, ON N8A 4C1