566 Riverview Drive, Chatham-Kent, ON

$24,900,000
MLS#:X11978743
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 566 Riverview Drive Chatham-Kent ON listed at $24,900,000 (MLS# X11978743) - Main View
For Sale
Added:Feb 19, 2025(634 days ago)
Updated:Aug 24, 2026(83 days ago)
Last Checked:15 minutes ago

Property Highlights

Welcome to this remarkable industrial 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 $24,900,000 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 1052.97 x 968.43 ft lot size
  • Convenient outside/surface garage included
  • equipped with partial central cooling and highly efficient radiant heating

Description

Investment Opportunity in Chatham ON. This multi-unit 234,205 square foot industrial facility is situated on 12.6 acres and features finished office space, 24-42' clear heights, heavy power, sprinklers, enclosed loading docks, grade height loading and excess land for building or storage. Additional information is available upon request.

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Property Summary

This industrial located at 566 Riverview Drive, Chatham-Kent is currently for sale and has been available for 634 days. This property is listed at $24,900,000 with an estimated mortgage of $82,883* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 566 Riverview Drive, 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.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Chatham, Chatham-Kent.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Industrial architecture in Chatham, Chatham-Kent
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$24,900,000
AddedFeb 19, 2025 (634 days ago)
UpdatedAug 24, 2026 (83 days ago)
Last Checked15 minutes ago
Transaction TypeFor Sale
List Office NameCUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

Property Details

Property Sub-TypeIndustrial
Lot Size1052.97 × 968.43 Feet
CountyChatham-Kent
Annual Tax$241,842.47
Legal DescriptionFIRSTLY: PART LOT 19 CONCESSION 1 RALEIGH PARTS 1, 2, 3, 4 & 5 24R9361; SECONDLY: PART LOT 19 CONCESSION 1 RALEIGH PARTS 1, 4 & 5 24R7621 EXCEPT PARTS 1, 2, 3, 4 & 5 24R9361 SUBJECT TO AN EASEMENT OVER PT 4 24R9361 IN FAVOUR OF PT LT 20 CON 1 RALEIGH PT 1 24R1643 AS IN 340724 TOGETHER WITH AN EASEMENT OVER PT LT 19 CON 1 RALEIGH PT 1 24R1855 AS IN 164642 SUBJECT TO AN EASEMENT IN GROSS OVER PARTS 4 & 5 24R9361 AS IN 576414 SUBJECT TO AN EASEMENT OVER PART 3 24R9361 (Realtor Remarks)

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeRadiant
CoolingPartial

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Chatham-Kent Home Buyer Advisory & Market HubActive MLS® Listing in Chatham-Kent, Ontario

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 industrial at 566 Riverview Drive, 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

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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: $82,883*/month*. Estimated Ontario Land Transfer Tax: $608,975. 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 566 Riverview Drive, Chatham-Kent, ON

Q.What is the asking price for 566 Riverview Drive, Chatham-Kent, ON ?

The current listing price for 566 Riverview Drive, Chatham-Kent, ON in Chatham, Chatham-Kent is $24,900,000.

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 566 Riverview Drive, Chatham-Kent, ON ?

566 Riverview Drive, Chatham-Kent, ON is a Industrial () featuring a basement.

Q.What security features are installed at 566 Riverview Drive, Chatham-Kent, ON ?

Security features include: Yes.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Partial.

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Location

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566 Riverview Drive, Chatham-Kent, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Chatham, Chatham-Kent

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

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.

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Pricing & Value Insights

Data-driven valuation for 566 Riverview Drive, Chatham-Kent, ON N7M 0N2

Estimated Sales Range
$23,655,000 - $24,402,000

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Chatham-Kent.

Configure Loan Settings

Interest Rate4.00%
Down Payment$7,470,000 (30.0%)
* Minimum Canadian down payment required for this price is $4,980,000.
Amortization Period30 Years
Estimated Monthly Payment$82,883Based on a loan of $17,430,000 over 30 years.
Purchase Price$24,900,000
Loan Amount$17,430,000
Provincial Land Transfer Tax:$608,975
Total Estimated Closing Taxes:$608,975

About Purchasing a Home in Chatham-Kent, ON

For a property listed at $24,900,000 in Chatham-Kent, the legal minimum down payment is $4,980,000 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 $608,975 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 $608,975.

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Chatham, Chatham-Kent Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Chatham, Chatham-Kent.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,355,045

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Chatham, Chatham-Kent

Elementary Schools

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Secondary Schools

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Chatham, Chatham-Kent Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.

MLS® Active
$24,900,000

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