31 Adelaide STREET North, Chatham, Ontario

$419,999

Turnkey, 3-level income property with solid rents and private entrances for each unit. This thoughtfully designed set-up offers excellent flexibility for tenants or multi-generational living. The top-floor loft unit, currently rented for $1,500/month (utilities included), features vaulted ceilings, a walk-in closet, a spa-like ensuite, and a bright open layout with high-end finishes. The main floor unit, leased at $1,400/month (utilities included), offers a functional and inviting layout with large windows and a warm, comfortable design. The fully finished basement is currently vacant and ready for its next tenant, with rental potential of $1,500/month. It offers a self-contained space with its own private entrance-ideal for additional cash flow or extended family. Outside, the shared backyard is low-maintenance and perfect for relaxing or entertaining. Ample parking on site adds convenience for tenants and guests alike. Located in a quiet, family-friendly Ontario town just steps to parks, schools, and green space, this is a rare opportunity to own a high-performing, multi-unit property in a desirable community. Book your showing today! (id:56241)

Listing ID: 25016793
Property Type: Multi-family
Year Built: 1900

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Rooms

Level	Type	Dimensions
Kitchen	Second level	Measurements not available
Bedroom	Second level	Measurements not available
4pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Living room	Lower level	Measurements not available
Bedroom	Lower level	Measurements not available
4pc Bathroom	Lower level	Measurements not available
Kitchen	Lower level	Measurements not available
Living room	Main level	Measurements not available
Dining room	Main level	Measurements not available
Bedroom	Main level	Measurements not available
3pc Bathroom	Main level	Measurements not available
Kitchen	Main level	Measurements not available

Details

Ownership: Freehold
Transaction: For sale
Zoning Description: RL2

Building

Constructed Date: 1900
Exterior Finish: Aluminum/Vinyl
Fireplace Present: False
Flooring: Mixed Flooring
Heating: Baseboard heaters, Furnace
Heating Fuel: Natural gas
Stories Total: 3
Type: Duplex

Land

Size Irregular: 38 x 83 FT / 0.074 AC

Listing provided by JUMP REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 31 Adelaide STREET North in Chatham Ontario. It was last modified on July 3rd, 2025. Contact Beaumont & Associates to schedule a viewing or to discover other Chatham real estate for sale.

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