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$999,999
Chatham-Kent
1932 Ocean Boulevard, Chatham-Kent (Wheatley), Ontario, N0P2P0
This multi-family property in Chatham-Kent is for sale offering roughly 2,250 sq ft of space.
Welcome to this exceptional custom-built beach house on the shores of Lake Erie-offering the perfect blend of comfort, space, and opportunity. With 5 bedrooms, 2.5 baths, and a fully finished basement, this spacious home is ideal for full-time living, multigenerational families, or a luxury seasonal retreat. Enjoy an oversized kitchen, double laundry, and expansive backyard-perfect for entertaining or relaxing with family and friends. Resort-style amenities include a private pool, hot tub, cozy fire pit, and custom-built pool table. Tucked away in a quiet, private setting with convenient parking and close proximity to wineries, water activities, dining, and more. Whether you're looking for your forever home or a high-performing income property, this home delivers-currently generating six-figure income with a strong double-digit cap rate. Don't miss this unique opportunity-book your private showing today! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 190 days on market, against an average age of 190 days across the listings currently for sale in this city
This 5-bed multi-family in Chatham-Kent (Wheatley) has been listed for 190 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $999,999, about 12.5× the local median household income of $80,000.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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