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For saleMLS® X13061126

425 Park Avenue W

Chatham, N7M 1W6

$795,000

Interior
5,000 ft²
Lot
81 × 268 ft
Type
Industrial

About this home

Rare M1-zoned property in the heart of Chatham featuring an approximately 5,000 sq ft fully insulated commercial shop-the real standout-offering a 30x66 showroom, show-and-shine bay with 15'6" clearance, mechanic room, trailer storage, updated lighting, gas generator, and parking for 25 vehicles, paired with a 3,029 sq ft executive brick bungalow with 4 bedrooms, 3 bathrooms, open-concept main floor with gas fireplace, private primary suite with ensuite and walk-in closet, and a fully finished basement; currently operating as an artist and vendor marketplace with high-visibility Park Ave W frontage, walking distance to Sobeys and rail adjacency, giving you the flexibility to live, run your business, or generate multiple income streams-all on one M1-zoned parcel.

One month to month tenant paying $1200/m

Property details

Property type
Industrial
Ownership
Commercial
Property taxes
$18,848 (2026)
Heating
Gas Forced Air Closed
Cooling
Yes
Lot
81 × 268 ft lot
Zoning
M1
Time on market
186 days on market

Features

Included with the home: Fridge, Stove, Dishwasher, Washer and Dryer

Location

Thinking about the area? Read my guide to Chatham.

Estimate your payment

20% down. The minimum on this price is $54,500.

Your monthly payment

$3,520

Mortgage amount
$636,000
Interest over the amortization
$420,026

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: CENTURY 21 FIRST CANADIAN CORP.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13061126.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

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

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