$399,000
Unlock Price Rating!

31 Adelaide Street North, Chatham, ON N7M4K2

 Contact

Attention investors. This fully renovated legal non-conforming triplex offers a rare opportunity to set your own rents and maximize returns from day one with vacant possession available. Located in a desirable Northside Chatham neighbourhood within walking distance to downtown amenities, Tecumseh Park, and the Cultural Centre, this property is well-positioned to attract strong tenant demand. The property features three self-contained units, each with private entrances, updated kitchens and bathrooms, new flooring, lighting, and appliances throughout. With approximately $80, 000 in recent upgrades, including electrical panels, plumbing updates, exterior improvements, and a new waterline, this is a low-maintenance asset with significant capital improvements already completed. Two units are currently vacant and market rent is estimated at approximately $1, 500 per month per unit, all inclusive. The third unit is owner-occupied and will be vacant on closing, allowing the buyer full flexibility to establish market rents across all three units. Operating expenses are estimated at approximately $9, 045 per year (to be verified by the Buyer), providing a strong opportunity to stabilize the asset and optimize cash flow. Additional features include shared laundry, ample on-site parking, and a refreshed exterior with new siding, fencing, and outdoor space. Buyer to complete their own due diligence with respect to zoning, permitted uses, and compliance with municipal by-laws. The Seller makes no representations or warranties as to the current or future use of the property. (id:58753)

Listing By: CRYSTAL ROBINSON - NEST REALTY INC. cncrea2 Realty.com
  • MLS® 26001875
  • Date Listed01/26/2026
  • Days on Realty 131 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -

Interior Features

  • Flooring Laminate, Ceramic/Porcelain
  • Heating Baseboard heaters, Forced air, Electric, Natural gas, Furnace

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N7M4K2

Discover key demographics, population statistics, and environmental insights for the Chatham, ON area.

Walkability in ON / N7M4K2

Source: Walk Score

75/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 33/100.

Points of Interest near 31 Adelaide STREET North, Chatham, ON N7M4K2

Frequently Asked Questions for 31 Adelaide STREET North

Source: Realty.com

31 Adelaide STREET North, Chatham, ON N7M4K2 in Chatham, ON N7M4K2 is a duplex listed at $399,000. Realty.ca has 37 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 37 photos of 31 Adelaide STREET North.

The full address for this home is 31 Adelaide STREET North, Chatham, ON N7M4K2.

31 Adelaide STREET North has been listed on Realty.com since Mon January 26, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 33/100.

Listing provided courtesy of: NEST REALTY INC.
Listing agent: CRYSTAL ROBINSON

This content last refreshed on 2026-06-06 11:58:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.