241 Grand Avenue E, Chatham Kent
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside. Full information package available on request. (id:1945)
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Property details for 241 Grand Avenue E, Chatham Kent
- Type
- Multi-family
- Living Area
- 4,747 square feet
- Lot Size
- Bldg=50.18 x 56.21 FT
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $13,500
Nearby Listings Stat
Estimated price and comparable properties near 241 Grand Avenue E
Active Listings
31
Min Price
$1
Max Price
$1,900,000
Avg Price
$460,706
Days on Market
80
days
Sold Listings
5
Min Sold Price
$169,000
Max Sold Price
$435,000
Avg Sold Price
$282,580
Days until Sold
205
days
Neighbourhood Census Data
Chatham-Kent, Ontario
Population
1,503
Median Age
35.4
Median Income
$23,225
Dwelling Value
$601,378
Housing Tenure
Owners 90%
Renters 10%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 4.3
Pop. Density: 6,301.9/km²
Avg Shelter Cost: $2,034/mo
Owners with Mortgage: 80.3%
Owners Spending 30%+: 30.8%
Tenants Spending 30%+: 0%
English only: 88.7%
English and French: 3.3%
Neither: 8%
Median Household Income: $94,848
Median Employment Income: $25,638
Price History
Listed
October 7, 2026
by EXP REALTY
Current Price
$1,200,000
Type
Multi-family
For Sale