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$305,000
Ontario,Chatham
For Sale Active
185 Thames STREET, Chatham, Ontario N7L2Z3
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Basic Details
Description

Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The

first is a well-maintained, tenant-occupied space currently generating reliable income at $1, 100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and “”house hack”” or optimize your portfolio by setting current market rent, which is conservatively estimated at $1, 700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 26016396
  • Price: $305,000
  • Status: Active
  • Office Name: ROYAL LEPAGE PEIFER REALTY Brokerage
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 48613
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Parking: Other
  • Exterior Features: Aluminum/Vinyl
  • Flooring: Laminate, Cushion/Lino/Vinyl, Mixed Flooring
Address Map
  • Location: CA, Ontario, Chatham, N7L2Z3
  • Street: Thames
  • Street Number: 185
  • Street Suffix: Street
  • Longitude: W83° 48' 53.2''
  • Latitude: N42° 24' 36.2''
Additional Information
  • Foundation Details:
  • Lot Size Dimensions: 51.48 X 102.96 ft / 0 AC
  • Number Of Units Total: 2
  • Stories: 1.0
Financial
  • Tax Annual Amount: 2585.15
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Listing updated: 2026-07-22 02:50:09
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Listing Information
  • List Agent Key: 1974962
  • List Office Key: 48613
  • Modification Timestamp: 2026-07-08T17:50:03Z
  • Originating System Name: Chatham Kent Association of REALTORS®
  • Status Change Timestamp: 2026-07-08T17:42:20Z
Powered by REALTOR.ca
Listing updated: 2026-07-22 02:50:09
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