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41 Adelaide Street S

Chatham, Chatham-Kent, N7M 4R1

$284,900

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  • 4 bedrooms
  • 3 bathrooms
  • 3 parking
  • 2000-2500 sq ft

Listed 77 days ago · MLS® X13637634

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.

Details

Type
Triplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
56.5 × 104.87 ft
Basement
None
Garage
None
Kitchens
3
Property tax
$2,337 (2025)
Neighbourhood
Chatham
Municipality
Chatham-Kent

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece, 1 × 4-piece, 1 × 4-piece
Rooms
11 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Brick, Stone
Faces
East

Parking

Total parking
3

Lot

Size
56.5 × 104.87 ft

More

Possession
30-90 DAYS
Cross street
ADELAIDE ST S & KING ST E

Rooms

RoomLevelSizeFeatures
Living RoomMain4.1 × 2.54 m (13'5" × 8'4")
OfficeMain4.1 × 2.47 m (13'5" × 8'1")
KitchenMain4.16 × 2.87 m (13'8" × 9'5")
Primary BedroomSecond4.09 × 3.79 m (13'5" × 12'5")
OfficeSecond4.09 × 3.75 m (13'5" × 12'4")
BathroomSecond4.11 × 1.97 m (13'6" × 6'6")4 Pc Bath
BedroomMain2.76 × 3.64 m (9'1" × 11'11")
Living RoomMain4.1 × 3.84 m (13'5" × 12'7")
BathroomMain1 × 1 m (3'3" × 3'3")4 Pc Bath
KitchenMain4.12 × 3.84 m (13'6" × 12'7")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 25 cafés and restaurants, 7 parks, 3 pharmacies. Nearest park: Zonta Park (200 m).

Schools nearby

Elementary

  • St. Joseph Catholic School Catholic11 min walk
  • Queen Elizabeth II Public School
    EQAO: Gr 6 reading 71%, math 15%    16 min walk
  • Victor Lauriston Public School
    EQAO: Gr 6 reading 69%, math 0%    1.3 km
  • St. Agnes Catholic School Catholic1.7 km

Secondary

  • Ursuline College Chatham Catholic Secondary School Catholic
    EQAO: Gr 9 math 60%, literacy test 88%    1.3 km
  • Chatham-Kent Secondary School
    EQAO: Gr 9 math 42%, literacy test 77%    2.2 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 N7M

Owners / renters
67% / 33%
Median household income
$71,000
Average age
43
Children under 15
16%
Homes
72% detached, 3% high-rise
Commute by transit
1%
Population
25,579

Languages spoken most at home besides English: Urdu 0.4%, Arabic 0.3%, Punjabi (Panjabi) 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 1 source nearby

  • 🚆 Rail line (Windsor Subdivision)0 m

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 BLUE FOREST REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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