106 Lorne Avenue Chatham-Kent, 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. Scheduled tours to see all units will take place Sunday, September 20th from 12-2pm. Please confirm attendance. (id:55460)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13785124 |
| Property Type | Multi-family |
| Community Name | Chatham |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Dryer(s), Washer(s) |
| Parking Space Total | 6 |
| Rental Equipment Type | Dryer(s), Washer(s) |
Building
| Cooling Type | None |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Size Exterior | 9332 Sqft |
| Size Interior | 9,332 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 103 Ft ,9 In |
| Size Frontage | 89 Ft |
| Size Irregular | Bldg=89 X 103.75 Ft |
| Size Total Text | Bldg=89 X 103.75 Ft |
| Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/30280183/106-lorne-avenue-chatham-kent-chatham-chatham
Salesperson
(416) 767-5500
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
(416) 767-5500
(416) 760-7878
www.mysakrealty.com/
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 15 2026 03:37:53
Toronto Regional Real Estate Board
Mysak Realty Inc.