Rare M1-zoned property in the heart of Chatham featuring an approximately 5,000 sq ft fully insulated commercial shop-the real standout-offering a 30x66 showroom, show-and-shine bay with 15'6"" clearance, mechanic room, trailer storage, updated lighting, gas generator, and parking for 25 vehicles, paired with a 3,029 sq ft executive brick bungalow with 4 bedrooms, 3 bathrooms, open-concept main floor with gas fireplace, private primary suite with ensuite and walk-in closet, and a fully finished basement; currently operating as an artist and vendor marketplace with high-visibility Park Ave W frontage, walking distance to Sobeys and rail adjacency, giving you the flexibility to live, run your business, or generate multiple income streams-all on one M1-zoned parcel. One month to month tenant paying $1200/m (id:66096)
Property Details
MLS®
26009620
Property Type
Industrial
Business Type
Industrial, Residential
Zoning
M1
Lot Size
26,659 sq ft (0.61 ac)
Year Built
2005
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Ownership
Freehold
Property Tax
$18,848.39/yr
Listed
188 days ago
Features
Flooring
Hardwood
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
188d
Chatham listings, avg age
76d
List price
$795K
Long Listed: 188 days on market, against an average age of 76 days across the listings currently for sale in this city
Market timing · days on market0 → 76d avg age of current listings
Long Listed · day 188
Haho
This industrial in Chatham is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by CENTURY 21 FIRST CANADIAN CORP. · ALLAN CONGO
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N7M)
This home lists at $795,000, about 11.2× the local median household income of $71,000.
Carrying it typically needs a household income of about $155,291 (20% down, 25-yr amortization, stress-tested) — roughly 119% 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)
$795,000
For sale
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Financing
Need a commercial mortgage?
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
