106 Lorne Avenue, Chatham-Kent, ON
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Property Highlights
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Welcome to this remarkable investment located in the coveted neighborhood of Chatham. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $749,999 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 89 x 103.75 ft lot size
- equipped with no central cooling and highly efficient baseboard heating
Description
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125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market.
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Property Summary
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This investment located at 106 Lorne Avenue, Chatham-Kent is currently for sale and has been available for 52 days. This property is listed at $749,999 with an estimated mortgage of $2,496* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 106 Lorne Avenue, Chatham-Kent is in the Chatham neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Chatham, Chatham-Kent.
- •Desirable Investment architecture in Chatham, Chatham-Kent
First-time home buyers, professionals, or investors seeking value.
Key Features
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Additional Details
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Property Details
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Parking & Garage
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Heating & Cooling
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Features
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Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
- Major Highway
- Public Transit
Property History
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No historical data available for this property.
This could be the first listing for this address.
What is your house worth in Chatham-Kent?
This property at 106 Lorne Avenue, Chatham-Kent, ON has closed. If you own a home on this street or nearby in Chatham-Kent, recent market trends and verified sold prices directly determine your home equity.
Chatham-Kent Home Valuation
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Frequently Asked Questions about 106 Lorne Avenue, Chatham-Kent, ON
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Q.What is the asking price for 106 Lorne Avenue, Chatham-Kent, ON ?
The current listing price for 106 Lorne Avenue, Chatham-Kent, ON in Chatham, Chatham-Kent is $749,999.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 106 Lorne Avenue, Chatham-Kent, ON ?
106 Lorne Avenue, Chatham-Kent, ON is a Investment () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
Location
Neighborhood Safety & Crime Analytics
Chatham, Chatham-Kent
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 106 Lorne Avenue, Chatham-Kent, ON N7M 1S1
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Chatham, Chatham-Kent Neighborhood Guide
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Chatham, Chatham-Kent Demographic Home information
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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