We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
8-12 YORK Street, CHATHAM-KENT
2025-07-09
Quick Summary
MLS®#40749401
Property Description
Newly built and inspected in 2022, this exceptional multi-residential investment property offers 12 residential units, plus a management-use studio apartment and a separate coin laundry facility that generates additional income. The property features 18 regular parking spaces plus 2 handicapped spaces, and is almost fully occupied with long-term tenants, providing a strong cap rate. The unit mix includes three one-bedroom, one-bath units, four two-bedroom, one-bath units, one two-bedroom, one-bath unit with a den, and four three-bedroom, two-bath units. Recently upgraded throughout, the building showcases high-quality construction and modern updates including new windows, HVAC systems, roofing, plumbing, security system, Wi-Fi, pot lights, updated electrical with individual hydro meters, 400-amp service, fire-coated soundproofing, and more. The property is pet-friendly, non-smoking, and fire-code compliant. Zoned Urban Commercial, this meticulously maintained building is ideally located in a mixed-use area surrounded by multi-residential developments, mature residential neighborhoods, and commercial properties. Situated just west of Erie Street North, Ridgetown's main north-west arterial road, this is a rare opportunity to own a turn-key, income-generating asset in a growing community. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Schools
Building
- Basement Type: None
- Exterior Finish: Brick, Metal, Stone
- Fireplace: No
- Interior Size: 25395 sqft
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: UC (CBD)
Information entered by HOMELIFE MIRACLE REALTY LTD
Listing information last updated on: 2025-08-19 16:38:56
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Laurie Arruda Salesperson
- Phone:
- 5199194773
- Email:
- lauriearruda1@gmail.com
- Support Area:
- Windsor, Essex County, Chatham-Kent
A Real Estate professional in the Windsor – Essex County and surrounding areas for the last 17 yea ...
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