For Sale: 41 Adelaide Street S, Chatham-Kent, ON - REW
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$284,900
4 bd • 3 ba • 2000 - 2499 sf • Multifamily
41 Adelaide Street S
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$284,900
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41 Adelaide Street SChatham-Kent, ON, N7M 4R1

  • 4 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

A rare value-add triplex in a centrally located CBD-zoned area, offering immediate income, strong upside, and future flexibility. This is an ideal opportunity for investors looking to reposition a multi-unit asset and force appreciation through renovations and rent optimization. The property consists of three self-contained units. One unit is currently tenanted, generating $850/month plus gas and hydro, providing in-place income from day one. The remaining two units are vacant and ready for renovation, including a one-bedroom and a two-bedroom suite. Both units present a clear opportunity to add value through updates and modernization, with strong upside once stabilized. The property is well-structured for investment efficiency with separate hydro and gas meters, allowing tenants to pay their own gas and hydro, while the landlord is responsible only for water. Each unit is serviced by its own gas furnace and dedicated electrical breaker panel, supporting independent utility control and ease of management. On-site parking is available for all units. Located close to downtown amenities and within CBD zoning, the property offers additional flexibility and long-term redevelopment potential beyond its current use. The property is being sold as-is, making it a strong fit for investors seeking a straightforward value-add opportunity with clear upside through repositioning. (id:63626)
Listed by: TAYLOR IVANY, Salesperson, BLUE FOREST REALTY INC.

Home facts and features

Price details
List Price
$284,900
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Gross Taxes for 2026
$2,337
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
104.9 feet
Frontage
56.6 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Appliances
Refrigerator, Stove
Agent details
Primary Agent
TAYLOR IVANY
Primary Broker
BLUE FOREST REALTY INC.
Secondary Agent
LARA CUTLER
Secondary Broker
BLUE FOREST REALTY INC.
Tertiary Agent
KLAUD CZESLAWSKI
Tertiary Broker
BLUE FOREST REALTY INC.
Listing details
Days on REW
50 Days
Property Views
40
MLS® Number
X13037228
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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25 Years
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3.99%

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Property Insights

St Joseph Catholic School
  • Catholic
  • JK - 8
Victor Lauriston Public School
  • Public
  • JK - 8
Queen Elizabeth II C Public School
  • Public
  • JK - 8
Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
St Agnes Catholic School
  • Catholic
  • JK - 8
St Ursula Catholic School
  • Catholic
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
King George VI Public School
  • Public
  • JK - 8
Georges P Vanier Catholic School
  • Catholic
  • JK - 8
Chatham-Kent Secondary School
  • Public
  • 9 - 12
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
TAYLOR IVANY
Phone:
(519) 614-0405
Cell:
519-614-0405
Office:
519-649-1888
Salesperson
LARA CUTLER
Phone:
226-234-1221
Cell:
226-234-1221
Office:
519-649-1888
Salesperson
KLAUD CZESLAWSKI
Phone:
519-697-2321
Office:
519-649-1888
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