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Renanza Realty
For sale

454 King STREET West

Chatham, Ontario

MLS® 26015655

$585,000

Status
Active
Property type
Multi-family
MLS® number
26015655
Bedrooms
Bathrooms
Year built
1969

Listing description

Exceptional Triplex Investment Opportunity... Discover this well-maintained triplex offering the perfect blend of strong income potential and long-term value. Featuring three self-contained units, this property is ideal for investors seeking reliable rental income or owner-occupants looking to offset mortgage costs by living in one unit while renting the others.

Each unit offers a functional layout with bright living spaces, six spacious bedrooms, and well-appointed kitchens and bathrooms. The property is clean and immaculate and has been thoughtfully maintained and provides separate entrances, ample parking, and generous outdoor space with managed gardens and outdoor relaxing space for tenants to enjoy. Conveniently located near schools, Hospital, parks, shopping, public transit, and major commuter routes, this triplex appeals to a wide range of tenants, helping to support consistent occupancy.

Whether you're expanding your investment portfolio or purchasing your first multi-family property, this is a rare opportunity to own a versatile, income-producing asset in a desirable location. Don't miss your chance to secure a property that offers immediate cash flow and excellent long-term appreciation potential. Two vacant units allow to set your own rents with one long term 17 year tenant that takes care of the lawn and garden spaces finished with love and expertise.

Good, safe value.

Property summary

MLS® number
26015655
Property type
Multi-family
Building type
Triplex
Title
Freehold
Land size
65 X IRREGULAR / 0.17 AC
Built in
1969
Annual property taxes
$4,091.28
Parking
Other
Days on market
55 days

Features & details

Heating
Natural gas
Cooling
Central air conditioning
Flooring
Hardwood, Mixed Flooring
Exterior features
Brick, Aluminum/Vinyl

What would this home cost you?

Based on the $585,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,722 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage, CHATHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.