201 Grand Avenue, Chatham-Kent, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Chatham. Expertly crafted featuring premium brick and brick front construction, this residence presents an exceptional opportunity offered at $1 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.
- 2 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50 x 102 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Excellent investment opportunity at 199-201 Grand Avenue West, Chatham. This income-producing multi-unit property is being offered with existing residential and commercial tenancies, providing immediate rental income for the next owner.An attractive opportunity for investors seeking an established rental property with multiple income streams and future growth potential. Seller is moving abroad, is highly motivated and welcomes offers anytime.The $1 list price is being used as a marketing strategy and does not represent the seller's expected sale price.
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Property Summary
This triplex located at 201 Grand Avenue, Chatham-Kent is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1 with an estimated mortgage of $0* per month. It has 2 beds, 3 bathrooms, and is 1500-2000 square feet. 201 Grand Avenue, Chatham-Kent is in the Chatham neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Chatham, Chatham-Kent.
- •2 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
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
- Water Heater Owned
- Sump Pump
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 201 Grand Avenue, Chatham-Kent, ON
Q.What is the asking price for 201 Grand Avenue, Chatham-Kent, ON ?
The current listing price for 201 Grand Avenue, Chatham-Kent, ON in Chatham, Chatham-Kent is $1.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 201 Grand Avenue, Chatham-Kent, ON ?
201 Grand Avenue, Chatham-Kent, ON is a Triplex (2-Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned, Sump Pump.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 201 Grand Avenue, Chatham-Kent, ON N7L 1C2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Chatham-Kent, ON
For a property listed at $1 in Chatham-Kent, the legal minimum down payment is $0 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 $0 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 $0.
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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.