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$349,000
Ontario,Chatham-Kent (Chatham)
For Sale Active
48 - 50 LORNE AVENUE, Chatham-Kent (Chatham), Ontario N7M1R9
  • 5
  • 4
  • 2500 - 3000Square Feet
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12907100
  • Price: $349,000
  • Bedrooms: 5
  • Bathrooms: 4
  • Square Footage: 2500 - 3000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 280225
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Partially finished, N/A
  • Parking: No Garage
  • Exterior Features: Brick
Address Map
  • Location: CA, Ontario, Chatham-Kent (Chatham), N7M1R9
  • Street: Lorne
  • Street Number: 50
  • Street Suffix: Avenue
  • Longitude: W83° 48' 57.3''
  • Latitude: N42° 23' 56.8''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 72.2 x 93.4 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 3238
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Listing updated: 2026-03-25 22:38:35
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Listing Information
  • List Agent Key: 2046777
  • List Office Key: 280225
  • Modification Timestamp: 2026-03-22T05:20:09Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-03-22T05:11:33Z
Powered by REALTOR.ca
Listing updated: 2026-03-25 22:38:35
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