241 Grand Avenue E
Chatham, Chatham-Kent, N7L 1W7
$1,200,000
Listed 13 days ago · MLS® X13873574
About this home
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.
Details
- Type
- Investment
- Lot
- 50.18 × 56.21 ft
- Garage
- None
- Property tax
- $13,500 (2025)
- Neighbourhood
- Chatham
- Municipality
- Chatham-Kent
Heating, cooling and services
- Heating
- Baseboard
- Utilities
- Yes
Building and exterior
- Building area
- 4,747 Square Feet
More
- Possession
- Flexible
- Cross street
- Grand Ave E & Van Allen Ave
- Business type
- Apts - 6 To 12 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 17 cafés and restaurants, 5 parks, 3 pharmacies. Nearest grocery: The Little Market (950 m). Nearest park: John Waddell Dog Off-Leash Area (350 m).
Schools nearby
Elementary
- King George VI Public School
EQAO: Gr 6 reading 91%, math 50%14 min walk - St. Joseph Catholic School Catholic17 min walk
- McNaughton Ave Public School
EQAO: Gr 6 reading 80%, math 51%1.5 km - St. Agnes Catholic School Catholic1.6 km
Secondary
- Ursuline College Chatham Catholic Secondary School Catholic
EQAO: Gr 9 math 60%, literacy test 88%18 min walk - Chatham-Kent Secondary School
EQAO: Gr 9 math 42%, literacy test 77%1.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N7L
- Owners / renters
- 66% / 34%
- Median household income
- $68,500
- Average age
- 45
- Children under 15
- 15%
- Homes
- 62% detached, 9% high-rise
- Commute by transit
- 1%
- Population
- 25,127
Languages spoken most at home besides English: Punjabi (Panjabi) 0.6%, Portuguese 0.4%, Polish 0.3%, Vietnamese 0.3%.
Safety
Crime Severity Index for Chatham-Kent police: 66 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by EXP REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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