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For saleMLS® X13705856

172 & 178 William Street South

Chatham-Kent, N7M4S9

$429,990

Interior
11,563 ft²
Type
Land

About this home

Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. 27M. 26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering.

Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit.

Full appraisal, drawings, reports & due diligence package available to qualified purchaser.

Property details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$449
Water
Municipal water
Time on market
70 days on market

Location

Thinking about the area? Read my guide to Chatham-Kent.

Estimate your payment

20% down. The minimum on this price is $21,500.

Your monthly payment

$1,904

Mortgage amount
$343,992
Interest over the amortization
$227,179

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: RE/MAX MILLENNIUM REAL ESTATE.

Listing courtesy of the Toronto. MLS® X13705856.

Measurements are deemed reliable but not guaranteed.

Listing data provided by the Toronto 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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