$324,900
FOR SALE

Triplex 2-Storey

Bedrooms: 3Bathrooms: 2Lot: 49.08 x 106.75 ft
2025 Taxes: $2,158

128 West St
Chatham-Kent, ON N7M 2R6 | Chatham

This triplex offers strong rental income and excellent flexibility for both investors and owner-occupants. The property currently generates $2,135 per month from two tenanted units, with a third unit vacant that was previously rented for $1,195 per month plus utilities, bringing the potential gross monthly income to $3,330.The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom that is currently vacant and was previously rented for $1,195 per month plus hydro and gas. The vacant unit is move-in ready, making it ideal for a buyer looking to set market rent or move in and offset their mortgage. Each unit has separate hydro and gas meters, allowing for straightforward expense management and added investor appeal. On-site laundry is available for tenant convenience. Two of the units have been thoughtfully updated, blending modern finishes with character. Key mechanical updates include a furnace and a hot water tank completed in 2023. Additional improvements include renovations to Unit 1 in 2024 and Unit 3 in 2023, a new entrance for Unit 3 completed in 2025, and sewer and drain lines that have been replaced and lined with CIPP for long-term peace of mind. The property also offers parking for two vehicles and a functional layout that continues to attract quality tenants. Whether you're expanding your portfolio or entering the market with a house hacking strategy, this is a solid income-generating opportunity in Chatham.
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Listed By BLUE FOREST REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13062164
Last Updated May 19, 2026
Property Summary
Property Type Triplex

More like this:
PIN 005060176
Legal Description PT LT 6 N/S LORNE AV PL OLD SURVEY AS IN 631346; CHATHAM-KENT
Possession Date FLEXIBLE
Taxes (2025) $2,158
Directions/Cross Streets WEST & RICHMOND
Neighbourhood Chatham
Area Chatham-Kent
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Lot 49.08 x 106.75 ft
Exterior Aluminum Siding
Air Conditioning None
Basement Partial Basement, Crawl Space
Garage Type None
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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