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$469,900
Chatham
55 GRANT Street, Chatham, Ontario, N7L1V1
This multi-family property in Chatham is for sale. It has been on the market 53 days, fresher than the Chatham average of 77 days.
Welcome to 55 Grant Street, an income-generating or multi-generational living opportunity in Chatham's established North East end. Two finished & separate entry units mean multiple streams of income potential with the added security of owner-occupied living. Main floor unit offers two bedrooms, 3-piece ensuite, a generous living room, a 4-piece bath & 3-piece bath, an eat-in kitchen, and in-suite laundry — ideal as a primary owner's suite or premium rental unit. Upper floor features three additional bedrooms, an eat-in kitchen and laundry area, a 4-piece bath, and a finished attic loft that adds flexible bonus space. The separate-entry basement apartment (1 bed, unfinished & roughed-in ensuite bath) is ready for your finishing touches for future rental potential. Recent improvements include a newer roof, updated windows, fresh flooring throughout, new drywall, insulation, and updated plumbing. The heavy lifting has already been done. Add your finishing touches to the basement unit, and you're fully operational. Outside, a detached garage, a long driveway with double-wide capacity, and a quaint, fenced yard round out this property's impressive package. Properties with this footprint and flexibility don't last long. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 53 days on market, against an average age of 77 days across the listings currently for sale in this city
This multi-family in Chatham has been listed for 53 days, which is 24 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $469,900, about 6.9× the local median household income of $68,500.
Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.