172 & 178 William Street S Chatham-Kent, Ontario N7M 4S9

$429,990

Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser. (id:55460)

Property Details

MLS® Number	X13705856
Property Type	Vacant Land
Community Name	Chatham-Kent

Building

Size Interior	11,563 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	101 Ft ,8 In
Size Frontage	113 Ft ,8 In
Size Irregular	113.73 X 101.67 Ft
Size Total Text	113.73 X 101.67 Ft
Zoning Description	Rl3

https://www.realtor.ca/real-estate/30189698/172-178-william-street-s-chatham-kent-chatham-kent