965 Old Glass Road, Chatham-Kent, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Wallaceburg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $438,000 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 1 Bathroom
- Premium 66 x 100 ft lot size
- Convenient single detached garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
This income-generating industrial/retail building is occupied by an established, multi-location tenant. Set on a freehold lot of over 6,500 sq. ft., the property offers customer parking, grade-level shipping door, retail showroom, and industrial space. Under the NNN lease, the tenant is responsible for utilities, and a capped annual contribution toward property taxes. Built-in annual rent increases bring the final year's rent to $31,200. The lease runs through September 14, 2030. Strategically located in Chatham-Kent, with an estimated population of 113,070, up 8.1% since 2016. Full lease and financial details are available upon request.
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Property Summary
This industrial located at 965 Old Glass Road, Chatham-Kent is currently for sale and has been available on SousaSells for 5 days. This property is listed at $438,000 with an estimated mortgage of $1,458* per month. It has 0 beds, 1 bathroom, and is unknown square feet. 965 Old Glass Road, Chatham-Kent is in the Wallaceburg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 965 Old Glass Road, Chatham-Kent, ON N8A 3T1
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 $438,000 in Chatham-Kent, the legal minimum down payment is $21,900 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 $5,235 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 $5,235.
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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.