• Mobile: 416-333-6935
  • Office: 905-475-4750

$460,000
Available - For Sale
Listing ID: X12128313
50 Lorne Aven , Chatham-Kent, N7M 1R9, Chatham-Kent


Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community.
Price $460,000
Taxes: $3238.00
Occupancy: Tenant
Address: 50 Lorne Aven , Chatham-Kent, N7M 1R9, Chatham-Kent
Directions/Cross Streets: Lorne & Raleigh
Rooms: 18
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Living Ro 10.33 5.84 Hardwood Floor
Room 2 Ground Bedroom 6.33 7.15 Hardwood Floor
Room 3 Ground Bedroom 2 11.35 7.05 Sunken Room
Room 4 Ground Bathroom 7.61 7.77 4 Pc Bath, Tile Floor
Room 5 Ground Kitchen 7.84 7.25 Tile Floor
Room 6 Ground Living Ro 12 16.56 Hardwood Floor
Room 7 Ground Kitchen 12.86 10.23 Tile Floor
Room 8 Ground Bathroom 5.25 6.76 4 Pc Bath, Tile Floor
Room 9 Second Bedroom 13.97 5.15 Hardwood Floor
Room 10 Second Bedroom 2 10.92 8.13 Hardwood Floor
Room 11 Ground Living Ro 13.05 12.99 Hardwood Floor
Room 12 Ground Kitchen 12.92 10.1 Tile Floor
Room 13 Ground Bathroom 5.48 7.81 4 Pc Bath, Tile Floor
Room 14 Ground Bedroom 13.78 3.28 Hardwood Floor
Room 15 Second Living Ro 10.1 13.81 Hardwood Floor
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 3 Main
Washroom Type 4 4 Second
Washroom Type 5 0
Total Area: 0.00
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 1
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Years
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE
Personal Picture
Gary Singh
Broker
Dir:
416-333-6935
Bus:
905-475-4750
 
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At a Glance:
Type: Freehold - Fourplex
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style: 2-Storey
Lot Size: x 94.46(Feet)
Approximate Age:
Tax: $3,238
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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