50 Lorne Avenue, Chatham-Kent, ON

$349,000
MLS#:X12907100
5 beds
4 baths
2500-3000 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of Chatham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $349,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 72.22 x 93.35 ft lot
  • Features a ["partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionBrick
Lot Size72.22 × 93.35 Feet
CountyChatham-Kent
Annual Tax$3,238
Legal DescriptionPT LT 1-2 BLK D PL 10 AS IN 616167; CHATHAM-KENT

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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50 Lorne Avenue, Chatham-Kent, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 Lorne Avenue, Chatham-Kent, ON N7M 1R9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$279,200
Monthly Mortgage$1,622
Property Tax (Est.)$270
Utilities & Maint.$350
Total Monthly Cost$2,242

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

Professional Advisory Access

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50 Lorne Avenue, Chatham-Kent - 5 Bed 4 Bath Home For Sale | MLS# X12907100 | ZooZaa | SousaSells Real Estate