241 Grand 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 $1,200,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 50.18 x 56.21 ft lot size
- equipped with no central cooling and highly efficient baseboard heating
Description
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.
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Property Summary
This investment located at 241 Grand Avenue, Chatham-Kent is currently for sale and has been available for 25 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 241 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.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
None listed
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 241 Grand 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.
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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: $3,994*/month*. Estimated Ontario Land Transfer Tax: $20,475. 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 241 Grand Avenue, Chatham-Kent, ON
Q.What is the asking price for 241 Grand Avenue, Chatham-Kent, ON ?
The current listing price for 241 Grand Avenue, Chatham-Kent, ON in Chatham, Chatham-Kent is $1,200,000.
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 241 Grand Avenue, Chatham-Kent, ON ?
241 Grand Avenue, Chatham-Kent, ON is a Investment () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
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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 241 Grand Avenue E, Chatham-Kent, ON N7L 1W7
Based on 0 recent similar sales in the pocket.
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 $1,200,000 in Chatham-Kent, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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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