Get $2,500 Cash Back
463 KING Street W, Chatham-Kent — listed at $999,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
GRACE, CHARACTER, CHARM, AND INCOME WITH THIS HISTORIC HOME MAKE IT AN EXCELLENT CHOICE FOR AN OWNER OCCUPIED PLUS INCOME HOME. TURNKEY PROPERTY WITH 4 UNITS IN TOTAL PLUS COACH HOUSE FOR MORE INCOME POTENTIAL OR OWNERS PLAY HOUSE. CURRENTLY HAS A 7% CAP RATE WITH POTENTIAL FOR 9%. UTILITIES INCLUDED. INGROUND POOL OVERLOOKING CHATHAMS THAMES RIVER, WALKING DISTANCE TO DOWNTOWN. UPDATED ELECTRICAL AND FIRE CODE. GREAT OPPORTUNITY TO LIVE YOUR HISTORY AND HAVE INCOME TO ENJOY IT. VIEW TODAY! (id:60164)
What's the parking situation?+
This property includes 8 spaces.
This home was built in 1899 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
Who is 463 KING Street W best suited for?+
With 0 bedrooms and 0 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, forced air, electric, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,025, heating is baseboard heaters, forced air, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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