8 12 York Street, Chathamkent
- Living area: 25395 square feet
- Type: Commercial
- Added: 1 month ago
- Updated: 2 weeks ago
- Last Checked: 1 week ago
- Listed by: HOMELIFE MIRACLE REALTY LTD
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Listing description
This Commercial listing at 8 12 York Street Chathamkent, ON with the MLS Number 40749401 listed by Rishi Sehgal - HOMELIFE MIRACLE REALTY LTD on the Chathamkent market 1 month ago at $3,999,900.
Newly built and inspected in 2022, this exceptional multi-residential investment property offers 12 residential units, plus a management-use studio apartment and a separate coin laundry facility that generates additional income. The property features 18 regular parking spaces plus 2 handicapped spaces, and is almost fully occupied with long-term tenants, providing a strong cap rate. The unit mix includes three one-bedroom, one-bath units, four two-bedroom, one-bath units, one two-bedroom, one-bath unit with a den, and four three-bedroom, two-bath units. Recently upgraded throughout, the building showcases high-quality construction and modern updates including new windows, HVAC systems, roofing, plumbing, security system, Wi-Fi, pot lights, updated electrical with individual hydro meters, 400-amp service, fire-coated soundproofing, and more. The property is pet-friendly, non-smoking, and fire-code compliant. Zoned Urban Commercial, this meticulously maintained building is ideally located in a mixed-use area surrounded by multi-residential developments, mature residential neighborhoods, and commercial properties. Situated just west of Erie Street North, Ridgetown's main north-west arterial road, this is a rare opportunity to own a turn-key, income-generating asset in a growing community. (id:1945)
Property Details
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Nearby Listings Stat Estimated price and comparable properties near 8 12 York Street
Active listings
5
Min Price
$399,900
Max Price
$3,999,900
Avg Price
$1,875,720
Days on Market
68 days
Sold listings
2
Min Sold Price
$349,900
Max Sold Price
$449,000
Avg Sold Price
$399,450
Days until Sold
83 days
Nearby Places Nearby schools and amenities around 8 12 York Street
Tim Hortons
(1.4 km)
20474 Victoria Rd, Ridgetown
Howard Johnson Ridgetown
(4.7 km)
21198 Victoria Rd, Ridgetown
Greenview Aviaries Park and Zoo
(6.5 km)
12752 Talbot Trail, Morpeth
Price History
July 8, 2025
by HOMELIFE MIRACLE REALTY LTD
$3,999,900
