For Sale: 50 Lorne Avenue, Chatham-Kent, ON - REW
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$349,000
5 bd • 4 ba • 2500 - 3000 sf • Fourplex
50 Lorne Avenue
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$349,000
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50 Lorne AvenueChatham-Kent, ON, N7M 1R9

  • 5 Bed
  • 4 Bath
  • 2500 - 3000 Sqft
  • Fourplex

About this home

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.
Listed by: Falesha Raquel Walters, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$349,000
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Gross Taxes for 2025
$3,238
Home facts
Bedrooms
5
Full Bathrooms
4
Parking Spaces
1
Property Type
Fourplex
Lot Size
72 ft x 93 ft (6741 ft²)
Depth
93.35
Frontage
72.22
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Basement Details
Partially Finished
Agent details
Primary Agent
Primary Broker
EXP REALTY
Secondary Agent
Jade Barkie
Secondary Broker
EXP REALTY
Listing details
Days on REW
81 Days
Property Views
66
MLS® Number
X12907100
Source
Toronto Real Estate Board
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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
Winston Churchill Public School
  • Public
  • JK - 8
Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
Queen Elizabeth II C Public School
  • Public
  • JK - 8
St Ursula Catholic School
  • Catholic
  • JK - 8
St Agnes Catholic School
  • Catholic
  • JK - 8
Georges P Vanier Catholic School
  • Catholic
  • JK - 8
John N Given Public School
  • Public
  • JK - 8
John McGregor 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
Falesha Raquel Walters
Phone:
(905) 824-0788
Office:
866-530-7737
Salesperson
Jade Barkie
Office:
866-530-7737
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