463 KING Street West, Chatham-Kent, Ontario, N7M1G6




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$999,999
Chatham-Kent
This multi-family property in Chatham-Kent is for sale offering roughly 4,000 sq ft of space.
GRACE, CHARACTER, CHARM, AND INCOME WITH THIS HISTORIC HOME MAKE IT AN EXCELLENT CHOICE FOR AN OWNER OCCUPIED PLUS INCOME HOME. TURNKEY PROPERTY WITH 4 UNITS IN TOTAL PLUS COACH HOUSE FOR MORE INCOME POTENTIAL OR OWNERS PLAY HOUSE. CURRENTLY HAS A 7% CAP RATE WITH POTENTIAL FOR 9%. UTILITIES INCLUDED. INGROUND POOL OVERLOOKING CHATHAMS THAMES RIVER, WALKING DISTANCE TO DOWNTOWN. UPDATED ELECTRICAL AND FIRE CODE. GREAT OPPORTUNITY TO LIVE YOUR HISTORY AND HAVE INCOME TO ENJOY IT. VIEW TODAY! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 525 days on market, against an average age of 100 days across the listings currently for sale in this city
This multi-family in Chatham-Kent is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $999,999, about 14.1× the local median household income of $71,000.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 175% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice