106 Lorne Avenue Chatham-Kent (Chatham), Ontario N7M 1S1
$749,999
125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. (id:40227)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X13785124 |
| Property Type | Multi-family |
| Community Name | Chatham |
| AmenitiesNearBy | Highway, Public Transit |
| EquipmentType | Dryer(s), Washer(s) |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Dryer(s), Washer(s) |
Building
| CoolingType | None |
| HeatingType | Baseboard Heaters, Radiant Heat |
| SizeExterior | 9332 Sqft |
| SizeInterior | 9332 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 103 Ft ,9 In |
| SizeFrontage | 89 Ft |
| SizeIrregular | Bldg=89 X 103.75 Ft |
| SizeTotalText | Bldg=89 X 103.75 Ft |
| ZoningDescription | Rl3 |
https://www.realtor.ca/real-estate/30280183/106-lorne-avenue-chatham-kent-chatham-chatham
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2358-A Bloor Street West
Toronto, Ontario M6S 1P3
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September 26 2026 10:07:04
Toronto Real Estate Board
Mysak Realty Inc.