Home with vinyl exterior material, street for 50/52 Wellington St, Chatham-Kent Ontario N7M 3N9
1 day on Market

50/52 Wellington St, Chatham-Kent, Ontario N7M 3N9

Townhouse
4
4
~700-1100 sqft
$475,000
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Townhouse
4
4
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$555/sqft

Est. Mortgage$2,040/mo

Tax Amount (2024)$1,755/yr

Days On Market1 day


Description

Cashflowing fourplex for sale just steps from downtown Chatham. Two units updated in 2022 with modern finishes including tiled showers, Quartz countertops, dishwashers and LED lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 Parking spaces. Neighboring triplex for sale, potential for CMHC financing. See documents for full income & expense report


Property Details

Style2-Storey
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size5,437 SqFt(104.28 x 52.14)
Parking Spaces4
MLS ®NumberX12106003
Community NameChatham
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Heat Pump
Cooling: Other

Features

Lot size: 5,437 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 26, 2025
ListedActive
$475,000
1 day on market
history photo preview16
Listing by trreb®
Property listed by BLUE FOREST REALTY INC., Brokerage
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Market Data - Chatham

Geo Zone Map ThumbnailChatham

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

26 days

2023

0 day

2022

53 days

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

2023

3 listings

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

5 units

2023

0 unit

2022

2 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$410,000

2022

$432,500


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