$349,000
FOR SALE

Fourplex 2-Storey

Bedrooms: 5Bathrooms: 4Lot: 72.22 x 93.35 ft
2025 Taxes: $3,238

50 Lorne Ave
Chatham-Kent, ON N7M 1R9 | Chatham

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.
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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12907100
Last Updated May 19, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 005070047
Legal Description PT LT 1-2 BLK D PL 10 AS IN 616167; CHATHAM-KENT
Possession Date TBD
Taxes (2025) $3,238
Directions/Cross Streets Lorne & Raleigh
Neighbourhood Chatham
Area Chatham-Kent
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 5
Bathrooms 4
Lot 72.22 x 93.35 ft
Exterior Brick
Air Conditioning None
Basement Partially Finished
Garage Type None
Parking Spaces 1
Heat Source Gas
Heat Type Forced Air
Sewers None

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