185 Thames STREET, CHATHAM

2026-07-09
 

Quick Summary

Location
185 Thames STREET, CHATHAM, Ontario N7L2Z3
Price
$305,000 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#26016396

Property Description

Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1,100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and ""house hack"" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1,700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem! (id:32467)

Property Features

Building

  • Exterior Finish: Aluminum/Vinyl
  • Fireplace: No
  • Flooring Type: Laminate, Mixed Flooring, Cushion/Lino/Vinyl
  • Building Type: Duplex
  • Stories: 1

Land

  • Land Size: 51.48 X 102.96 ft / 0 AC|0-0.25 acre

Ownership

  • Type: Freehold

Zoning

  • Description: RL3

Information entered by ROYAL LEPAGE PEIFER REALTY Brokerage
Listing information last updated on: 2026-07-08 17:42:20


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$500,000

Your One Percent Realty Commission savings

$500,000

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What is the deal exactly, with One Percent ?

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!

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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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