$359,999
FOR SALE

Triplex 2-Storey

Bedrooms: 2Bathrooms: 3Lot: 50 x 102 ft
2026 Taxes: $3,800

201 Grand Ave
Chatham-Kent, ON N7L 1C2 | Chatham

Rare multi-use corner triplex property in a high-traffic, highly visible location near downtown Chatham Kent Health Alliance Hospital. This property offers two large driveways, approximately 9 parking spaces, multiple income streams, and excellent flexibility for investors, owner-users, or buyers looking for residential and commercial potential. The property includes a one-bedroom corner unit, a one-bedroom upstairs apartment, a commercial unit, a large unfinished basement, and outdoor storage sheds. Current income includes the commercial unit rented for $1,000/month, the upstairs unit rented for $1,425/month, and the fully furnished Airbnb unit generating income potential of up to $1,500-$2,000/month. The Airbnb setup can potentially be taken over as-is, making this a strong turnkey income opportunity.The commercial space is suitable for office use, professional services, retail/service business, beauty/personal service, consulting, or other small business use. The large unfinished basement offers value-add potential for storage, future build-out, workspace, or additional functional space.Approximately $30,000 spent on recent upgrades, including new flooring in the commercial unit, plus an upgraded bathroom in the corner unit. With strong parking, corner exposure, existing income, and future upside, this is a rare opportunity to generate income today while holding a property with long-term potential, including possible affordable rental housing or future redevelopment plans, subject to approvals.
Extras
Water Heater Owned, Sump Pump
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13048314
Last Updated May 14, 2026
Property Summary
Property Type Triplex

More like this:
PIN 005330271
Legal Description Plan 156 Lot 1
Possession Date Open
Taxes (2026) $3,800
Directions/Cross Streets Lacroix St
Neighbourhood Chatham
Area Chatham-Kent
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 2
Bathrooms 3
Lot 50 x 102 ft
Exterior Brick
Air Conditioning Central Air
Basement Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 6
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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