Address
27 & 31 Wade Street, Chatham, ON
Price
$ 459,000
Property Attributes
- MLS#26022040
- TypeMulti-Family
- Listing Status Active
- CityChatham
- AreaSouth East
- NeighbourhoodS2
- Postal CodeN7M 3T6
- StyleTriplex
- Taxes$ 4950
- Price$ 459,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
Data Source:
Windsor-Essex (WECAR) / Sarnia-Lambton (SLREB)
Property Description
Investment & Development Opportunity in the City of Chatham! This offering includes 27 & 31 Wade Street, comprising two separate ARNs (365042000510400 and 365042000510500) situated on a single PIN, with potential to sever, subject to completion of a Phase 2 Environmental assessment and all required approvals. The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential. The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations. Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham. 24 hours' notice is required for all showings of tenanted units. Property is being sold “as is, where is.” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings.
| Price History | |
|---|---|
| 9/10/2026 | Listed $459,000 |
General Features
| Sewer | Sanitary |
|---|---|
| Roof | Asphalt Shingle |
| Zoning | RL3 |
| Exclusions | Tenants belongings |
| Occupancy | Tenant,Vacant |
| Property Type | Multi-Family |
| Transaction Type | Sale |
| Tax Year | 2025 |
| Status | Active |
| District | South East |
| City | Chatham |
| Heating Cooling | Forced Air,Furnace |
| Major Area | Chatham City |
| Year Built Description | Unknown |
| Legal Description | LT 15 PL 59; PT LT 13-14,16 PL 59 AS IN 152099 & 112983 EXCEPT PT 1 & 2,24R591; CHATHAM-KENT |
| DOM | 5 |
Interior Features
| Heating Fuel | Natural Gas |
|---|
Exterior Features
| Inclusions | 3 Fridges,2 Stoves,2 Microwaves,Washer and Dryer. |
|---|---|
| Exterior Finish | Aluminum/Vinyl,Brick |
| Water Availability | Connected |
| Sewer Availability | Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N7M 3T6
Price
Visits
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