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201 GRAND AVENUE, Chatham-Kent (Chatham) — listed at $1. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investment opportunity at 199-201 Grand Avenue West, Chatham. This income-producing multi-unit property is being offered with existing residential and commercial tenancies, providing immediate rental income for the next owner.An attractive opportunity for investors seeking an established rental property with multiple income streams and future growth potential. Seller is moving abroad, is highly motivated and welcomes offers anytime.The $1 list price is being used as a marketing strategy and does not represent the seller's expected sale price. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,800, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Who is 201 GRAND AVENUE best suited for?+
With 2 bedrooms and 3 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $1, this is priced in starter-home territory for Chatham-Kent (Chatham). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
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