Header

 

logo

header

$3,999,900
Available - For Sale
Listing ID: X12046655
Newly built and inspected in 2022, this exceptional multi-residential investment property offers 12 residential units, plus a management-use studio apartment and a separate coin laundry facility that generates additional income. The property features 18 regular parking spaces plus 2 handicapped spaces, and is almost fully occupied with long-term tenants, providing a strong cap rate. The unit mix includes three one-bedroom, one-bath units, four two-bedroom, one-bath units, one two-bedroom, one-bath unit with a den, and four three-bedroom, two-bath units. Recently upgraded throughout, the building showcases high-quality construction and modern updates including new windows, HVAC systems, roofing, plumbing, security system, Wi-Fi, pot lights, updated electrical with individual hydro meters, 400-amp service, fire-coated soundproofing, and more. The property is pet-friendly, non-smoking, and fire-code compliant. Zoned Urban Commercial, this meticulously maintained building is ideally located in a mixed-use area surrounded by multi-residential developments, mature residential neighborhoods, and commercial properties. Situated just west of Erie Street North, Ridgetown's main north-west arterial road, this is a rare opportunity to own a turn-key, income-generating asset in a growing community.
Price $3,999,900
Taxes: $15,389.58
Tax Type: Annual
Occupancy by: Tenant
Address: 8-12 York Stre , Chatham-Kent, N0P 2C0, Chatham-Kent
Postal Code: N0P 2C0
Province/State: Chatham-Kent
Legal Description: 8,10,12 York Street & 5 Walnut st under
Directions/Cross Streets: Erie St N/ York Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Building Percentage: T
Total Area: 25,395
Total Area Code:  Square Feet
Retail Area Code: %
Business/Building Name: 8 York Street
Financial Statement: F
Chattels: T
Employees #: 2
Maintenance: 0
Sprinklers: Yes
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

8-12 York Stre , Chatham-Kent, N0P 2C0, Chatham-Kent


 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial Retail
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham-Kent
Style:
Lot Size: x 195.02(Feet)
Approximate Age:
Tax: $15,389.58
Maintenance Fee: $0
Beds: 0
Baths: 18
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Virtual Tour
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->