For saleMLS® 26026858
153 Adelaide Street South
Chatham, N7M4R6
$299,900
- Type
- Multi-unit
About this home
**AFFORDABLE DUPLEX WITH INCOME POTENTIAL!** Welcome to 153 Adelaide Street South in Chatham! Whether you're looking to enter the real estate market, expand your investment portfolio, or live in one unit while generating rental income from the other, this property offers an incredible opportunity! The spacious main-floor unit features 2 bedrooms, a full bathroom, and a generously sized kitchen, while the upper 2-bedroom unit is currently rented for $1,200 per month, (with rent paid directly to the property owner through a government-administered program), the main unit is vacant and was previously rented for $1500/mth.
Separate gas and hydro meters, water shared. Situated on a double lot, this property offers plenty of outdoor space for tenants to enjoy, along with convenient on-site parking. Located just minutes from downtown Chatham, within walking distance of shopping, restaurants, everyday amenities, and public transit, this is a location that makes daily living easy. **Live downstairs and let the rental income upstairs help offset your mortgage and monthly expenses!** An affordable opportunity with flexibility, income potential, and room to enjoy.
Don't miss it!
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Property taxes
- $2,555 (2026)
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas, Furnace
- Time on market
- Listed today
Features
Outside
- Aluminum/Vinyl
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Laundry room | Basement | ||
| Living room | Second level | ||
| Kitchen | Second level | ||
| Bedroom | Second level | ||
| 3pc Bathroom | Second level | ||
| Utility room | Basement | ||
| Kitchen | Main level | ||
| 4pc Bathroom | Main level | ||
| Bedroom | Main level | ||
| Primary Bedroom | Main level | ||
| Bedroom | Main level | ||
| Living room | Main level |
Location
Thinking about the area? Read my guide to Chatham.
Estimate your payment
20% down. The minimum on this price is $14,995.
Your monthly payment
$1,328
- Mortgage amount
- $239,920
- Interest over the amortization
- $158,448
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers. I am also a licensed mortgage agent, so I can help with the mortgage too.








