For Sale: 185 Thames Street, Chatham-Kent, ON - REW
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$305,000
0 bd ba sf Multifamily

185 Thames StreetChatham-Kent, ON, N7L 2Z3

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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:63626)
Listed by: CHRIS PAPPLE, Salesperson, ROYAL LEPAGE PEIFER REALTY Brokerage

Home facts and features

Price details
List Price
Gross Taxes for 2025
$2,585
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
102.96 ft / 0 AC
Title
Freehold
Exterior Finish
Aluminum/Vinyl
Heating Type
Forced air, Natural gas
Agent details
Primary Agent
CHRIS PAPPLE
Primary Broker
ROYAL LEPAGE PEIFER REALTY Brokerage
Listing details
Days on REW
14 Days
MLS® Number
26016396
Source
Canadian Real Estate Association
Board
Chatham Kent Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
St Joseph Catholic School
  • Catholic
  • JK - 8
King George VI Public School
  • Public
  • JK - 8
Chatham-Kent Secondary School
  • Public
  • 9 - 12
St Agnes Catholic School
  • Catholic
  • JK - 8
John N Given Public School
  • Public
  • JK - 8
McNaughton Ave Public School
  • Public
  • JK - 8
Victor Lauriston Public School
  • Public
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
Queen Elizabeth II C 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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-22.