For saleMLS® 26022040
27 & 31 Wade Street
Chatham, N7M3T6
$454,900
- Type
- Multi-unit
About this home
Investment & Development Opportunity in the City of Chatham! This offering includes 27 & 31 Wade Street, comprising two separate ARNs (365042000510400 and 365042000510500) situated on a single PIN, with potential to sever, subject to completion of a Phase 2 Environmental assessment and all required approvals. The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential.
The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations. Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham.
24 hours' notice is required for all showings of tenanted units. ” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings.
Property details
- Property type
- Triplex
- Ownership
- Freehold
- Property taxes
- $4,950 (2025)
- Heating
- Forced air, Natural gas, Furnace
- Time on market
- 53 days on market
Features
Outside
- Brick
- Aluminum/Vinyl
Location
Thinking about the area? Read my guide to Chatham.
Estimate your payment
20% down. The minimum on this price is $22,745.
Your monthly payment
$2,014
- Mortgage amount
- $363,920
- Interest over the amortization
- $240,340
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.








