566 Riverview Drive, Chatham-Kent, ON
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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Pricing & Value Insights
Data-driven valuation for 566 Riverview Drive, Chatham-Kent, ON N7M 0N2
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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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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.