Gurvinder Nokwal REALTOR®
For Sale Multiplex 69 days on market

$995,000 ↓ $130,000 from $1,125,000

Est. payment $4,406/moCalculate yours

73 Taylor Avenue, Chatham-Kent, ON N7L 2T7

Chatham-Kent, Chatham-Kent, ON N7L 2T7

  • 12 Beds
  • 8 Baths
  • 1 Garage
  • 5,000 Sq Ft
Map

Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP. MLS® X13661296

About this home

Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.

Property details

Overview

Property Type
Multiplex
Style
Other
For
For Sale
Status
Price Change
Size
5,000 sqft

Interior

Bedrooms
12
Bathrooms
8
Kitchens
8
Basement
None

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Parking
Detached garage · 9 total

Financial

Property Taxes
$14,616 (2026)

Location

Neighbourhood
Chatham-Kent
Cross Street
McNaughton Ave E and Taylor Ave
Direction Faces
East

Listing

MLS® Number
X13661296
Days on Market
69
Listed On
2026-08-10
Possession
Flexible
Listed By
RE/MAX ABOUTOWNE REALTY CORP.

Features

Interior

  • None

Pool

  • None
Included
All existing Appliances on the property: Fridge, Stove. All existing: Window Coverings, Light Fixtures
Excluded
All tenants' belongings
Rental items
Hot Water Tank (if Rental)

Mortgage calculator

Minimum for this price: $74,500 (7.49%)

Amortization, years

Estimated mortgage payment

$4,406 per month

Principal and interest
$4,406
Property tax
$1,218
Estimated monthly cost
$5,624

Your mortgage

Mortgage amount
$796,000
Mortgage insurance
Not needed
Interest over 25 years
$525,693

Cash to close

Down payment
$199,000
Land transfer tax
$16,375
Total, before legal fees
$215,375
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

73 Taylor Avenue, Chatham-Kent, ON N7L 2T7 Chatham-Kent, Chatham-Kent, ON N7L 2T7
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$995,000 73 Taylor Avenue, Chatham-Kent, ON N7L 2T7
Request a showing