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!
128 WEST STREET, CHATHAM
2026-05-03
Quick Summary
- Location
- 128 WEST STREET, CHATHAM, Ontario N7M2R6
- Price
- $324,900
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1900
MLS®#26008439
Property Description
This triplex offers strong rental income and excellent flexibility for both investors and owner-occupants. The property currently generates $2,135 per month from two tenanted units, with a third unit vacant that was previously rented for $1,195 per month plus utilities, bringing the potential gross monthly income to $3,330.The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom that is currently vacant and was previously rented for $1,195 per month plus hydro and gas. The vacant unit is move-in ready, making it ideal for a buyer looking to set market rent or move in and offset their mortgage. Each unit has separate hydro and gas meters, allowing for straightforward expense management and added investor appeal. On-site laundry is available for tenant convenience. Two of the units have been thoughtfully updated, blending modern finishes with character. Key mechanical updates include a furnace and a hot water tank completed in 2023. Additional improvements include renovations to Unit 1 in 2024 and Unit 3 in 2023, a new entrance for Unit 3 completed in 2025, and sewer and drain lines that have been replaced and lined with CIPP for long-term peace of mind. The property also offers parking for two vehicles and a functional layout that continues to attract quality tenants. Whether you're expanding your portfolio or entering the market with a house hacking strategy, this is a solid income-generating opportunity in Chatham. (id:32467)
Property Features
Building
- Exterior Finish: Aluminum/Vinyl
- Fireplace: No
- Flooring Type: Laminate, Mixed Flooring, Cushion/Lino/Vinyl
- Building Type: Triplex
- Stories: 2
Land
- Land Size: X
Ownership
- Type: Freehold
Zoning
- Description: RL3
Information entered by BLUE FOREST REALTY INC.
Listing information last updated on: 2026-06-04 00:13:32
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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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