900 Park Avenue West, Chatham, Ontario, N7M0M9




$2,600,000
Chatham
Rare offering of 4 acres of Commercially zoned vacant land. Excellent corner location on Park Ave W corridor, with future plans for widening to 4 lanes. Directly off of Bloomfield Rd, Chatham's West-end 401 interchange connection. Backing onto the largest and most recent new home development in the city with multiple other large developments underway in the immediate Southwest corner of town. Over 422 feet of frontage with a multitude of commercial uses possible. Multiple acre offerings are few and far between with many speculators tying up and hindering development. Act now and secure this prime location and be part of Chatham's aggressive growth strategy towards the 401 via the Bloomfield corridor. (id:66096)
Long Listed: 152 days on market, against an average age of 76 days across the listings currently for sale in this city
This vacant land in Chatham 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 $2,600,000, about 36.6× the local median household income of $71,000.
Carrying it typically needs a household income of about $507,871 (20% down, 25-yr amortization, stress-tested) — roughly 615% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
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