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201 GRAND AVENUE, Chatham-Kent (Chatham)
2026-04-28
Quick Summary
- Location
- 201 GRAND AVENUE, Chatham-Kent (Chatham), Ontario N7L1C2
- Price
- $359,999
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 2
- Bathrooms:
- 3
- Garages:
- 6
MLS®#X13048314
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. (id:32467)
Property Features
Building
- Appliances: Water Heater, Two stoves, Washer, Two Refrigerators
- Basement Development: Unfinished
- Basement Type: N/A (Unfinished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Brick Facing
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Sump Pump
Land
- Land Size: 50 x 102 FT
- Sewer: Sanitary sewer
Information entered by HOMELIFE/MIRACLE REALTY LTD
Listing information last updated on: 2026-05-15 00:16:05
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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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