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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.

Laundry roomBasement
Living roomSecond level
KitchenSecond level
BedroomSecond level
3pc BathroomSecond level
Utility roomBasement
KitchenMain level
4pc BathroomMain level
BedroomMain level
Primary BedroomMain level
BedroomMain level
Living roomMain 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.

Listing brokerage: RE/MAX PREFERRED REALTY LTD..

Listing courtesy of the Chatham-Kent Association of REALTORS. MLS® 26026858.

Measurements are deemed reliable but not guaranteed.

Listing data provided by the Chatham-Kent Association of REALTORS through the REALTOR.ca Data Distribution Facility (DDF®) of The Canadian Real Estate Association. Information is deemed reliable but not guaranteed.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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