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Home ON Greater Chatham-Kent Chatham-Kent Chatham
317 QUEEN STREET
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317 QUEEN STREET $3,150,000
$3,150,000
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317 QUEEN STREET
Chatham-Kent, Ontario N7M2H7

MLS® Number: X8308204

Listing Description

GORGEOUS FLAGSHIP HISTORICAL BUILDING WITH LARGE UNITS! Own a piece of history! This 11 unit apartment building features 10 large two bedroom units (some with 10'+ ceilings, some with second floors) and 1 bachelor unit currently furnished and being rented as a short-term rental through AirBnB. Bachelor unit could be rented on a standard lease. One 2 bedroom is also furnished as an executive suite. Significant upside on turnover of units. Exterior building constructed in 1905 as a business school then used as OPP headquarters. Building was completely rebuilt on the interior to become an apartment building in 1998. Existing 1st mortgage to be assumed by Buyer. Property has historical designation. **** EXTRAS **** Each unit contains their own HVAC system, laundry, and appliances. Waste pickup by city. Individually metered for hydro and gas, tenants pay those utilities. Environmental Phase I/II reports from 2021 can be reviewed during due diligence. (35158978)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Chatham
Land Size
127.66 FT ; Irregular Depth
Annual Property Taxes
$20,716
Time on REALTOR.ca
53 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
1 ac
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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