Home with vinyl exterior material, street for 70 Raleigh St, Chatham Ontario N7M 2M8
3 days on Market

70 Raleigh St, Chatham, Ontario N7M 2M8

Townhouse
-
-
~2000 sqft
$330,000
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Townhouse
-
-
~2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$165/sqft

Est. Mortgage$1,417/mo

Tax Amount (2024)$2,592/yr

Days On Market3 days


Description

This triplex, being sold under power of sale in as-is condition, presents an excellent opportunity for investors or first-time home buyers looking to generate rental income. With three units, the property offers multiple income streams and the potential for long-term growth. Perfect for those looking to add value through renovation or maintenance, this property is ideally priced for someone ready to unlock its full potential. Great for investors seeking cash flow or for first time home buyers as this is an affordable entry point into the real estate market. Use one unit as your home while renting out the others is a solid option to generate revenue. Each unit offers ample space for tenants. Don't miss out on this rare opportunity to acquire a triplex in an in-demand area at a competitive price!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2000 SqFt
Lot Size8,432 Ac(124 x 68)
Parking Spaces4
MLS ®Number40711031
Community NameChatham
Data SourceITSO
Listing byROYAL LEPAGE FLOWER CITY REALTY

Features

Heating: Other
Cooling: Other

Features

Lot size: 8,432 Ac
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 24, 2025
ListedActive
$330,000
3 days on market
history photo preview4
Listing by itso®
Property listed by ROYAL LEPAGE FLOWER CITY REALTY, Brokerage
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Market Data - Chatham

Geo Zone Map ThumbnailChatham

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

0 day

2023

21 days

New Listings

Past 30 days

5 listings

Compared to

2024

5 listings

2023

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$642,500

Compared to

2023

$565,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget