454 King Street West, Chatham
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. (id:1945)
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Property details for 454 King Street West, Chatham
- Type
- Multi-family
- Lot Size
- 65 X IRREGULAR / 0.17 AC
- Stories
- 2
- Parking
- Other
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Aluminum/Vinyl
- Ownership
- Freehold
- Annual Taxes
- $4,091 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 454 King Street West
Active Listings
241
Min Price
$65,000
Max Price
$2,750,000
Avg Price
$502,688
Days on Market
65
days
Sold Listings
109
Min Sold Price
$96,900
Max Sold Price
$2,000,000
Avg Sold Price
$426,964
Days until Sold
68
days
Neighbourhood Census Data
Chatham-Kent, Ontario
Population
851
Median Age
61.2
Median Income
$20,992
Dwelling Value
$149,877
Housing Tenure
Owners 10%
Renters 90%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 4,248.6/km²
Avg Shelter Cost: $959/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 55.7%
English only: 97.1%
English and French: 2.4%
Neither: 0.6%
Median Household Income: $30,720
Median Employment Income: $23,808
Price History
Listed
October 2, 2026
by GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage
Current Price
$569,000
-2.7% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $569,000 | $16,000 (-2.7%) |
| Sep 16, 2026 | $585,000 | Listed |
