$1,125,000
12 beds8 baths9 parking 5000 + ft²
Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.