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

MLS® # 26002011
new listing
Investment For Sale In Chatham, Ontario
$359,000
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor With Exterior
201 Grand Avenue West, Chatham, ON - Outdoor With Exterior
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Kitchen With Double Sink
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Dining Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Kitchen
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Bedroom
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Bathroom
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor
201 Grand Avenue West, Chatham, ON - Outdoor With Exterior
201 Grand Avenue West, Chatham, ON - Outdoor With Exterior
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Kitchen With Double Sink
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Dining Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Kitchen
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Bedroom
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Bathroom
201 Grand Avenue West, Chatham, ON - Indoor Photo Showing Other Room
  • Advertising
201 GRAND AVENUE West, Chatham, Ontario, N7L 1C2
$359,000

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.

REALTOR.ca  

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Market Price Trends

Single family detached

0.16%

Price change (1 year)

38.98%

Price change (5 years)

All Properties

0.12%

Price change (1 year)

37.82%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

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

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 %

Own Vs. Rent

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