For Sale: 143-141 Park Avenue E, Chatham-Kent, ON - REW
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$890,000
4 bd • 2 ba • 1500 - 1999 sf • Multifamily
143-141 Park Avenue E
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$890,000
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143 - 141 Park Avenue EChatham-Kent, ON, N7M 3V7

  • 4 Bed
  • 2 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Welcome to 141-143 Park Avenue E - a unique property offering ML (General Industrial) zoning with a wide range of permitted uses, combined with strong existing income potential. The property is currently fully renovated and fully furnished, featuring two functional units with proven short-term rental (Airbnb) potential generating up to ~$6,000/month, depending on occupancy and management. Ideal for investors seeking immediate income with future upside. ML zoning allows for various commercial and industrial uses including office, warehouse, service shop, storage, and wholesale operations with accessory retail. The zoning also permits uses such as a car wash (automatic or manual), presenting a potential value-add opportunity for buyers looking to reposition or redevelop the property over time. Seller indicates that, subject to approvals and buyer due diligence, a future car wash setup could be explored with additional investment. All development potential is subject to municipal approvals, servicing, environmental considerations, and feasibility review. Strategically located in a growing area, just minutes to Highway 401 and approximately 5 minutes to downtown, offering excellent accessibility. The area continues to see development activity, including nearby commercial growth such as a newly opened gas station and major retail brands. A rare opportunity combining current income with long-term flexibility and upside. Buyer to verify zoning, permitted uses, compliance, and all future development potential with the Municipality of Chatham-Kent. (id:63626)
Listed by: QAISER MAHBOOB, Salesperson, Homelife/Miracle Realty Ltd., Brokerage

Home facts and features

Price details
List Price
$890,000
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Gross Taxes for 2026
$4,000
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Depth
150 feet
Frontage
60.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Separate entrance,
Features
Carpet Free, Separate Electricity Meters, Sump Pump
Appliances
Dishwasher, Dryer, Two Refrigerators, Two Washers, Two stoves, Water Heater
Agent details
Primary Agent
QAISER MAHBOOB
Primary Broker
Homelife/Miracle Realty Ltd., Brokerage
Listing details
Days on REW
42 Days
MLS® Number
X13050006
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Queen Elizabeth II C Public School
  • Public
  • JK - 8
Victor Lauriston Public School
  • Public
  • JK - 8
Georges P Vanier Catholic School
  • Catholic
  • JK - 8
St Ursula Catholic School
  • Catholic
  • JK - 8
St Joseph Catholic School
  • Catholic
  • JK - 8
John McGregor Secondary School
  • Public
  • 9 - 12
Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 8
St Agnes Catholic School
  • Catholic
  • JK - 8
Indian Creek Road Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
QAISER MAHBOOB
Phone:
855-500-7653
Office:
905-624-5678
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