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This triplex offers strong rental income and excellent flexibility for both investors and owner-occupants. The property currently generates $2, 135 per month from two tenanted units, with a third unit vacant that was previously rented for $1, 195 per month plus utilities, bringing the potential gross monthly income to $3, 330.The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1, 050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1, 085 per month, inclusive. Unit 3 is a 1-bedroom that is currently vacant and was previously rented for $1, 195 per month plus hydro and gas. The vacant unit is move-in ready, making it ideal for a buyer looking to set market rent or move in and offset their mortgage. Each unit has separate hydro and gas meters, allowing for straightforward expense management and added investor appeal. On-site laundry is available for tenant convenience. Two of the units have been thoughtfully updated, blending modern finishes with character. Key mechanical updates include a furnace and a hot water tank completed in 2023. Additional improvements include renovations to Unit 1 in 2024 and Unit 3 in 2023, a new entrance for Unit 3 completed in 2025, and sewer and drain lines that have been replaced and lined with CIPP for long-term peace of mind. The property also offers parking for two vehicles and a functional layout that continues to attract quality tenants. Whether you're expanding your portfolio or entering the market with a house hacking strategy, this is a solid income-generating opportunity in Chatham. (id:58753)
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 620 INDIAN CREEK West | 5 | 3 | Sep 18, 2026 | $649,900 |
Discover key demographics, population statistics, and environmental insights for the Chatham, ON area.
84/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
50/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 0/100, Bike Score: 31/100.
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278 Queen Street
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278 Queen STREET South West
Source: Realty.com
128 WEST STREET, Chatham, ON N7M2R6 in Chatham, ON N7M2R6 is a triplex listed at $324,900. Highlights include built in 1900. Realty.ca has 48 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 48 photos of 128 WEST STREET.
Our records indicate that 128 WEST STREET was built in 1900.
The full address for this home is 128 WEST STREET, Chatham, ON N7M2R6.
128 WEST STREET has been listed on Realty.com since Thu April 30, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 0/100, Bike Score: 31/100.
Listing provided courtesy of:
BLUE FOREST REALTY INC.
Listing agent:
JEREMY LLOYD IVANY
This content last refreshed on 2026-09-28 12:39:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.