$890,000
Est. payment $3,941/moCalculate yours
26 Florence Street, Chatham-Kent, ON N7L 3G1
Chatham-Kent, Chatham-Kent, ON N7L 3G1
- 5 + 1 Beds
- 4 Baths
- 2,000 Sq Ft
Listing courtesy of RE/MAX REALTRON REALTY INC. MLS® X13749944
About this home
Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 68.51 x 67.94 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $3,100 (2026)
Location
- Neighbourhood
- Chatham-Kent
- Cross Street
- St. Clair St / Forest St
- Direction Faces
- West
Listing
- MLS® Number
- X13749944
- Days on Market
- 42
- Listed On
- 2026-09-06
- Possession
- TBD
- Listed By
- RE/MAX REALTRON REALTY INC.
Rooms
Features
Interior
- None
Property
- Place Of Worship
- School
Pool
- None
- Rental items
- Reliance $130/m
Mortgage calculator
Estimated mortgage payment
$3,941 per month
- Principal and interest
- $3,941
- Property tax
- $258
- Condo fees
- $0
- Estimated monthly cost
- $4,199
Your mortgage
- Mortgage amount
- $712,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $470,218
Cash to close
- Down payment
- $178,000
- Land transfer tax
- $14,275
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $192,275
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
This photo could not be loaded.