$ 1,200,000

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
241 Grand Avenue E

Contact Agent Get in touch about 241 Grand Avenue E, Chatham Kent

Sestino Kazimierz Christian Vinelli
Sestino Kazimierz Christian Vinelli
EXP REALTY

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