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!
266 Grand AVENUE West, CHATHAM
2026-07-21
Quick Summary
- Location
- 266 Grand AVENUE West, CHATHAM, Ontario N7L1C1
- Price
- $479,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1900
MLS®#26017398
Property Description
Set your own rents and maximize your returns with this turnkey triplex offering exceptional flexibility and long-term investment potential. With both the main floor and basement units now vacant, this is a rare opportunity to lease two units at today's market rates while benefiting from existing income from the upper unit. Situated on a premium lot backing onto the Thames River, this well-maintained property offers strong cash flow potential, multiple income streams, and future redevelopment possibilities. The main floor unit features a spacious 2-bedroom plus bonus room unit, while the recently refreshed basement apartment has been updated with fresh paint and new carpeting, making it move-in ready for a new tenant. The upper unit remains tenanted and offers additional untapped third-floor space, presenting an excellent opportunity to further increase value and rental income. Current market rents are estimated at approximately $1750-$1950/month for the main floor, $950-$1100/month for the basement apartment, and the upper unit currently rents for $868/month plus hydro and gas, leaving room for future rental growth. At market rents, this property offers excellent cash flow potential with significant upside. Additional features include a new roof installed in May 2025, a generous riverfront lot, and a location close to downtown amenities, parks, shopping, and public transit. Whether you're looking to build your investment portfolio, live in one unit while generating income from the others, or optimize the property for maximum returns, this is an opportunity that offers flexibility today and appreciation for years to come. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Aluminum/Vinyl, Brick
- Fireplace: No
- Flooring Type: Hardwood, Laminate, Cushion/Lino/Vinyl
- Building Type: Triplex
- Stories: 3
Land
- Land Size: 80.56 x Irregular / 0.51 AC|0.50- 1.00 acre
Ownership
- Type: Freehold
Zoning
- Description: UC (HC1)
Information entered by NEST REALTY INC.
Listing information last updated on: 2026-07-20 17:42:24
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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.
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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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