$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
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
Estimated mortgage payment
$4,406 per month
- Principal and interest
- $4,406
- Property tax
- $1,218
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $215,375
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
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