196/198 Park Street, Chatham
Opportunity awaits for anyone looking to invest in Chatham-Kent or live in one side while letting the neighbour help pay down the mortgage! This side-by-side duplex is completely set up for easy living with no shared equipment. Both sides feature a classic two storey layout with 3 bedrooms upstairs, 2 bathrooms, and their own private laundry hookups. Hydro, water, and gas are all separately metered, plus each unit has its own dedicated furnace and central air conditioning unit. Unit 196 on the right is freshly renovated and move-in ready, featuring new flooring, an updated bathroom, and more! Unit 198 on the left is currently tenanted month-to-month for $1,260.75 per month plus utilities, providing reliable income right from day one. Tucked away with convenient parking behind the property for multiple vehicles, you are close to local Chatham-Kent amenities, public transit, local schools, and quick Highway 401 access. Whether you are looking for a smart house-hacking setup or a hassle-free addition to your portfolio, this property delivers incredible value. Call today! (id:1945)
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Property details for 196/198 Park Street, Chatham
- Type
- Multi-family
- Lot Size
- 37.64x104.38 / 0.09 AC
- Stories
- 2
- Parking
- Other
- Heating
- Forced air, Natural gas, Furnace
- Cooling
- Central air conditioning
- Exterior
- Aluminum/Vinyl
- Ownership
- Freehold
- Annual Taxes
- $2,509 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 196/198 Park Street
Active Listings
238
Min Price
$65,000
Max Price
$2,750,000
Avg Price
$470,299
Days on Market
57
days
Sold Listings
86
Min Sold Price
$65,000
Max Sold Price
$1,490,000
Avg Sold Price
$436,657
Days until Sold
55
days
Neighbourhood Census Data
Chatham-Kent, Ontario
Population
496
Median Age
49.6
Median Income
$19,243
Dwelling Value
$98,192
Housing Tenure
Owners 30%
Renters 70%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 3,381.0/km²
Avg Shelter Cost: $784/mo
Owners with Mortgage: 41.2%
Owners Spending 30%+: 29.4%
Tenants Spending 30%+: 47.4%
English only: 94.3%
French only: 1.1%
English and French: 5.7%
Median Household Income: $26,560
Median Employment Income: $17,600
Price History
Listed
September 22, 2026
by ROYAL LEPAGE PEIFER REALTY Brokerage
Current Price
$299,000
Type
Multi-family
For Sale
