31 Adelaide Street North Chatham, Ontario N7M 4K2
$419,999
Turnkey, 3-level income property with solid rents and private entrances for each unit. This thoughtfully designed set-up offers excellent flexibility for tenants or multi-generational living. The top-floor loft unit, currently rented for $1,500/month (utilities included), features vaulted ceilings, a walk-in closet, a spa-like ensuite, and a bright open layout with high-end finishes. The main floor unit, leased at $1,400/month (utilities included), offers a functional and inviting layout with large windows and a warm, comfortable design. The fully finished basement is currently vacant and ready for its next tenant, with rental potential of $1,500/month. It offers a self-contained space with its own private entrance-ideal for additional cash flow or extended family. Outside, the shared backyard is low-maintenance and perfect for relaxing or entertaining. Ample parking on site adds convenience for tenants and guests alike. Located in a quiet, family-friendly Ontario town just steps to parks, schools, and green space, this is a rare opportunity to own a high-performing, multi-unit property in a desirable community. Book your showing today! (id:47351)
Property Details
| MLS® Number | 25016793 |
| Property Type | Multi-family |
Building
| Constructed Date | 1900 |
| Exterior Finish | Aluminum/vinyl |
| Flooring Type | Mixed Flooring |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Furnace |
| Stories Total | 3 |
| Type | Duplex |
Parking
| Other | 5 |
Land
| Acreage | No |
| Size Irregular | 38 X 83 Ft / 0.074 Ac |
| Size Total Text | 38 X 83 Ft / 0.074 Ac |
| Zoning Description | Rl2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | Measurements not available | ||
| Lower Level | Living Room | Measurements not available | ||
| Lower Level | Bedroom | Measurements not available | ||
| Lower Level | 4pc Bathroom | Measurements not available | ||
| Lower Level | Kitchen | Measurements not available | ||
| Main Level | Living Room | Measurements not available | ||
| Main Level | Dining Room | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available |
https://www.realtor.ca/real-estate/28553327/31-adelaide-street-north-chatham
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July 08 2025 03:13:36
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