106 Lorne Avenue, Chatham-Kent, ON
Property Highlights
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
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. Scheduled tours to see all units will take place Sunday, September 20th from 12-2pm. Please confirm attendance.
Waiting for a price change? Get an instant notification if the seller reduces the asking price.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This investment located at 106 Lorne Avenue, Chatham-Kent is currently for sale and has been available on SousaSells for 1 day. 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.
Work with the SOUSA TEAM to unlock your .
* 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
- Major Highway
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Chatham-Kent?
If you are looking for a house in Chatham-Kent or researching Chatham-Kent real estate for sale, this investment at 106 Lorne Avenue, Chatham-Kent, ON offers an exceptional opportunity to buy a home in Chatham-Kent, Ontario. Whether you are a first-time Chatham-Kent home buyer or comparing active Chatham-Kent MLS® homes for sale, working with a dedicated Chatham-Kent buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Chatham-Kent Homes for Sale & MLS® Listings
Browse all verified Chatham-Kent real estate listings, compare active Chatham-Kent houses for sale, and view brand new MLS® inventory before it hits the open market.
Dedicated Chatham-Kent Buyer Agent
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Chatham-Kent realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Chatham-Kent Buyer Budget & Costs
Estimated mortgage: $2,496*/month*. Estimated Ontario Land Transfer Tax: $11,475. First-time Chatham-Kent home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Chatham-Kent
Frequently Asked Questions about 106 Lorne Avenue, Chatham-Kent, ON
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.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 106 Lorne Avenue, Chatham-Kent, ON .
Location
Google Street View
Open in Google MapsNeighborhood 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
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Chatham-Kent.
Configure Loan Settings
About Purchasing a Home in Chatham-Kent, ON
For a property listed at $749,999 in Chatham-Kent, the legal minimum down payment is $50,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,475 for this transaction. As this listing is in Chatham-Kent (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,475.
Similar Listings in Chatham, Chatham-Kent
Explore all Just Listed Homes in Chatham-Kent →Chatham, Chatham-Kent Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Chatham, Chatham-Kent.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Chatham, Chatham-Kent
Elementary Schools
Secondary Schools
Chatham, Chatham-Kent Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.
Similar Active Listings in Chatham-Kent
Compare prices, square footage, and school zones for similar Commercial nearby
14 Arnold Street, Chatham-Kent
No description available
0 WHITE Road, Chatham-Kent
No description available
7044 Seventh Line, Chatham-Kent
No description available
10-16 Orchard Place, Chatham-Kent
No description available