A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 388 Park Ave, Chatham-Kent Ontario N7M 3W3
4 days on Market

388 Park Ave, Chatham-Kent, Ontario N7M 3W3

Townhouse
9 + 9
12
- sqft
$2,650,000
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Townhouse
9 + 9
12
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$11,381/mo

Tax Amount (2024)$21,419/yr

Days On Market4 days


Description

PRIME INVESTMENT OPPORTUNITY! This 12-plex includes 11 spacious 2-bedroom units and 1 cozy 1-bedroom unit, with 8 units fully renovated in 2022. These updated units feature in-suite laundry, modern kitchens with quartz countertops, and stainless steel appliances, including a dishwasher, fridge, stove, and microwave. Tenants pay heating and hydro, while the landlord covers water and common hydro. Most units are equipped with ductless heat pumps and baseboard heating. The property offers 18 parking spaces and a coin-operated laundry room for units without in-suite facilities. Don't miss this incredible opportunity!


Property Details

Style3-Storey
View-
Age of property-
SqFt-
Lot Size16,072 SqFt(129.22 x 124.38)
Parking Spaces12
MLS ®NumberX11918772
Community NameChatham
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Baseboard
Cooling: Wall Unit

Features

Lot size: 16,072 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 12


Property History

Jan 9, 2025
ListedActive
$2,650,000
4 days on market
history photo preview25
Listing by trreb®
Property listed by BLUE FOREST REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 42225
Average household income $97,645

Age (%)

65 and plus
23%
0 to 19
21%
50 to 64
21%
35 to 49
17%
20 to 34
17%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
2%

House tenancy (%)

Owners
62%
Renters
38%

Schools and amenities

Estimated Budget