Property Information:

Located near a prime, high-traffic intersection, this versatile mixed-use property offers an excellent opportunity for both residential and commercial use with outstanding exposure. It is ideal for an owner looking to operate a business on-site while generating supplemental rental income. The property includes three one-bedroom apartments, with the upper unit currently rented for $1,510 per month all-inclusive, and the lower unit operating as a frequently booked Airbnb. The commercial space is presently vacant, allowing you to move in your own business or set your own rent for additional income. Additional features include a metal roof on the main building, a full basement, ample parking, and a detached garage, making this a strong investment or owner-occupied opportunity with flexible income potential. (id:27)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Laundry Facility, Shopping Area
Exterior Finish: Brick
Flooring Type: Laminate
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Irregular: Yes
Lot Size: 50.74 X 102.70 FT / 0.12 AC
Zoning: HC1
Parking Type: Other
No. of Parking Spaces: 4

Rooms:

Bathroom 2nd Level Measurements not available
Living 2nd Level Measurements not available
Bedroom 2nd Level Measurements not available
Kitchen 2nd Level Measurements not available
Bathroom Basement Level Measurements not available
Laundry Basement Level Measurements not available
Other Basement Level Measurements not available
Storage Basement Level Measurements not available
Other Basement Level Measurements not available
Bathroom Main Level Measurements not available
Living Main Level Measurements not available
Bedroom Main Level Measurements not available
Dining Main Level Measurements not available
Kitchen Main Level Measurements not available

Courtesy of: JUMP REALTY INC.

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Demographic Information of 201 GRAND AVENUE West, Chatham, Ontario, N7L 1C2

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$82,247.55

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.55 %

High school certificate or equivalent

36.63 %

Apprenticeship trade certificate/diploma

5.01 %

College/non-university certificate

23.95 %

University certificate (below bachelor)

2.05 %

University Degree

10.81 %

Commuter

Travel To Work

By Car

85.86 %

By Public Transit

0.07 %

By Walking

10.38 %

By Bicycle

0.07 %

By Other Methods

3.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

57.69 %

Houses

42.31 %

201 GRAND AVENUE West, Chatham, Ontario, N7L 1C2