153 Adelaide Street South, Chatham, Ontario, N7M4R6

For saleJust listed

Yesterday

$300K

153 Adelaide Street South, Chatham, Ontario, N7M4R6

Lot size 5,009 sq ft (0.11 ac)

Listed by RE/MAX PREFERRED REALTY LTD.

162 Park Street, Chatham, Ontario, N7M3R8

For saleJust listed

4 days ago

$590K

162 Park Street, Chatham, Ontario, N7M3R8

Lot size 8,276 sq ft (0.19 ac)

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

266 Grand Avenue West, Chatham, Ontario, N7L1C1

For sale

12 days ago

$469K

266 Grand Avenue West, Chatham, Ontario, N7L1C1

Lot size 22,216 sq ft (0.51 ac)

Listed by NEST REALTY INC.

196/198 PARK Street, Chatham, Ontario, N7M3R9

For sale

16 days ago

$270K

196/198 PARK Street, Chatham, Ontario, N7M3R9

Lot size 3,920 sq ft

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

Investment analysis

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$649,000

Chatham

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$649,000

For sale

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26 Kendall Street, Chatham - Multi-family for Sale

26 Kendall Street, Chatham, Ontario, N7M2X5

Listed 13 days ago

Overview

This multi-family property in Chatham is for sale. It has been on the market 13 days, fresher than the Chatham average of 77 days.

Multi-Family Properties for Sale in Chatham →All real estate in Chatham →

Description

Live in the home and rent out the duplex! Exceptional Investment Opportunity! Discover this unique property featuring a beautifully maintained 3+1 bedroom brick residence alongside a separate two-storey duplex. The main home boasts an updated kitchen with granite countertops, spacious living and dining areas highlighted by a stone gas fireplace, and an inviting family room overlooking a private courtyard. Additional features include main-floor laundry, an office, multiple bathrooms, and a generous primary bedroom with a private ensuite and extensive closet space. The duplex offers two spacious, self-contained 2-bedroom units, each equipped with essential appliances, separate gas and hydro meters, and individual heating systems. The lower unit generates $800/month plus utilities, while the upper unit generates $1,250/month plus utilities. Durable metal roofing and thoughtful upkeep add to the property's appeal. An excellent opportunity for investors seeking multiple income streams or buyers looking to combine comfortable living with rental income. A truly versatile property with outstanding potential! Home currently vacant and easy to show. 48 hours notice required to view duplex. Home is Where the Hart is! (id:66096)

Property Details

MLS®: 26025854
Property Type: Multi-family
Zoning: RES
Units: 3
Storeys: 2
Heating: Forced air, Boiler, Natural gas, Furnace
Garage: Other
Ownership: Freehold
Property Tax: $3,530.53/yr
Listed: 13 days ago

Rooms

Second level

2pc Ensuite bath
Bedroom: 10 x 7.5 feet
Bedroom: 20 x 12 feet

Main level

Office: 8.5 x 8 feet
3pc Bathroom
Bedroom: 10 x 7.5 feet
Kitchen: 20 x 13.5 feet
Laundry room
Dining room: 12 x 11.5 feet
Family room: 17 x 9.6 feet
2pc Bathroom
Living room: 14 x 20 feet

Features

Flooring: Hardwood, Carpeted, Ceramic/Porcelain
Foundation: Concrete
Exterior: Brick, Aluminum/Vinyl

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Chatham listings, avg age

77d

List price

$649K

Haho

This multi-family in Chatham has been listed for 13 days, which is 64 days fresher than the city average of 77. Act while there is still low competition.

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Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage · DARREN HART

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $649,000, about 9.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.

Median household income: $71,000
Population: 25,579
Median age: 44
Owner / renter: 67% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N7M)

$649,000

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$294/mo

Total monthly$3,671

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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