ON > Chatham-kent > Chatham-Kent
Chatham-kent, ON N0P 2C0,8-12 York ST
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Chatham-kent, ON N0P 2C0,8-12 York ST
Chatham-kent, ON N0P 2C0,8-12 York ST
Chatham-kent, ON N0P 2C0,8-12 York ST
Chatham-kent, ON N0P 2C0,8-12 York ST
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Lia Del Bonifro

Lia Del Bonifro

+1(416) 819-7499
$ 3,999,900
Est. payment /mo
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Active

8-12 York ST Chatham-kent, ON N0P 2C0

18 Baths

25,395 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 25,395 sqft

Price per Sqft $157

Subdivision Chatham-Kent

MLS Listing ID X12046655

Annual Tax Amount $15,389

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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.

Location

Province ON

County Chatham-kent

Community Chatham-Kent

Area Chatham-Kent

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 165.15

Lot Depth 195.02

Others

Security Features Yes

Virtual Tour https://drive.google.com/file/d/1subLPes8Z_-39drewP36VHDKcEjfvDoN/view

Listed by HOMELIFE/MIRACLE REALTY LTD

See This Home in Person

8-12 York ST

agent

Lia Del Bonifro

Real Estate Sales Representative

+1(416) 819-7499

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