For Sale - 152-154, 158, 162 Colborne Street, Chatham, Ontario

Est payment $2,538/mo
Views   4
Time on Jump  41 day
  • Fully renovated triplex with three independent rental units.
  • Separate utilities for each unit ensure tenant independence.
  • Ample parking available with two driveways and extra land.
  • Scenic location backing onto McGregor's Creek.
  • Strong rental income potential with market rates for units.



Investor's dream - set your own rents! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto mcgregor’s creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200k. Add attached schedule b to all offers.
Listing ID24027054
Address152-154, 158, 162 Colborne Street
CityChatham, Ontario
Price$498,900
Bed / Bath5 / 3 Full
Style2 Storey
ConstructionAluminum/Vinyl
FlooringLaminate
TypeResidential
StatusFor Sale
Subtype 2 StoreyAcreage 0.284Driveway Double Width Or More Drive, Gravel Drive, Side DriveParking NoneOwnership FreeholdRental Equipment NoneWaterfront Waterfront on River, View of WaterBasement Crawl SpaceFoundation BlockHeating / Cooling Forced Air, FurnaceHeating Fuel Natural GasHot Water Tank ElectricUtility Water Municipal WaterSewer Sanitary
Date Listed Nov 5, 2024Days on Market 48
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Sarbjot Dhaliwal

Sarbjot Dhaliwal

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152-154, 158, 162 Colborne Street
Chatham , Ontario
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