Link Copied
Listed price in listed location currency (CAD).
$389,000

236

MLS® X13048314

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage Detached
Taxes $3,800
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X13048314

Property Address: 201 Grand Ave W, Chatham, ON, N7L1C2

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberX13048314
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementUnfinished
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$389,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
201 Grand Ave W, Chatham, ON

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties