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For saleMLS® 26023386

40 Timmins Crescent

Chatham, N7L4E1

$699,900

Type
Multi-unit

About this home

Excellent investment opportunity with immediate income form day one with this fully tenanted 4-plex building located on the desirable northside of Chatham. 5 bathrooms, offering functional layouts that appeal to long-term tenants. Situated close to major amenities, schools, shopping and public transportation, this property boasts strong rental demand and consistent cash flow. Tenants enjoy everything they need, making it an attractive investment.

In suite laundry is available to each tenant as well as ample parking spaces. Each unit has a full basement with laundry hook ups. Whether you are a seasoned investor or just getting started, this multi-family property offers great returns and minimal vacancy risk. Don't miss your chance to add a reliable income producing asset to your portfolio.

Property details

Property type
Fourplex
Ownership
Freehold
Property taxes
$6,132 (2026)
Heating
Forced air, Natural gas, Furnace
Time on market
40 days on market

Features

Outside

  • Brick
  • Aluminum/Vinyl

Rooms

Measurements are deemed reliable but not guaranteed.

Recreation roomBasement
Laundry roomBasement
BedroomSecond level
BedroomSecond level
BedroomSecond level
3pc BathroomSecond level
Living roomMain level
Kitchen/Dining roomMain level
2pc BathroomMain level

Location

Thinking about the area? Read my guide to Chatham.

Estimate your payment

20% down. The minimum on this price is $44,990.

Your monthly payment

$3,099

Mortgage amount
$559,920
Interest over the amortization
$369,782

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 PREFERRED REALTY LTD..

Listing courtesy of the Chatham-Kent Association of REALTORS. MLS® 26023386.

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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