ON > Chatham-kent > Chatham-Kent
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
Chatham-kent, ON N0P 2C0,8-12 York ST
Chatham-kent, ON N0P 2C0,8-12 York ST
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Ana Bastas

Ana Bastas

+1(647) 361-8169
$ 3,999,900
Est. payment | /mo

18 Baths

25,395 SqFt

Save Virtual Tour
$ 3,999,900
Est. payment | /mo
Save Virtual Tour

18 Baths

25,395 SqFt

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

Zoning Commercial

Interior

Cooling Yes

Inclusions All equipment, chattels, and fixtures are included in the purchase price. A complete list of owned items is available upon request.

Exterior

Parking Features Outside/Surface

Utilities Available Available

Building

Lot Description Building

Others

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

Lited by HOMELIFE/MIRACLE REALTY LTD
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 361-8169

ana@anabastas.ca

130 KING ST W UNIT 1900B TORONTO, ON M5X 1E3, ON, M5X 1E3, CAN

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8-12 York ST