For saleMLS® X13749944
26 Florence Street
Chatham-Kent, N7L 3G1
$890,000
- Bedrooms
- 5 + 1
- Bathrooms
- 4
- Interior
- 2,000-2,500 ft²
- Lot
- 68.51 × 67.94 ft
- Type
- Multi-unit
About this home
Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems.
Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits).
Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
Property details
- Property type
- Fourplex
- Ownership
- Freehold
- Style
- 2-Storey
- Property taxes
- $3,100 (2026)
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Parking
- 5 spaces, attached garage
- Sewer
- Sewer
- Lot
- 68.51 × 67.94 ft lot
- Time on market
- 57 days on market
Features
Outside
- Brick
- Asphalt Shingle roof
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Living Room | Main | 12' × 12' | Laminate, Combined w/Dining, Open Concept |
| Kitchen | Main | 10' × 8' | Ceramic Floor |
| Bedroom | Main | 12' × 7' 7" | Laminate, Window |
| Bedroom | Main | 0' × 0' | |
| Living Room | Second | 12' 6" × 9' | Laminate, Combined w/Living, Window |
| Kitchen | Second | 12' × 7' 1" | Ceramic Floor, Eat-in Kitchen, Window |
| Bedroom | Second | 9' 7" × 8' 8" | Laminate, Closet, Window |
| Living Room | Second | 20' × 13' 1" | Laminate, Combined w/Dining, Open Concept |
| Kitchen | Second | ||
| Primary Bedroom | Second | 12' 6" × 7' 1" | Laminate, Window |
| Bedroom 2 | Second | 9' × 9' | Laminate, Window |
| Bedroom 3 | Second | 9' 1" × 8' 7" | Laminate, Window |
Location
Thinking about the area? Read my guide to Chatham-Kent.
Estimate your payment
20% down. The minimum on this price is $64,000.
Your monthly payment
$3,941
- Mortgage amount
- $712,000
- Interest over the amortization
- $470,218
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.
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