215 Grand Avenue
Chatham, Ontario
- 3 bed
- 2 bath
- Single Family
Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately $1,100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. Opportunity also exists for buyers to assume vacant possession for personal use while leveraging income from the upper unit — a smart way to reduce expenses and save toward your next purchase. Call today to #lovewhereyoulive.
Price History
Schools
Elementary
- King George VI Public School0.9 km
Public · Lambton Kent DSB · 285 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 50% met the provincial standard
- McNaughton Ave Public School1.6 km
Public · Lambton Kent DSB · 775 students
Grade 3 reading: 64% met the provincial standard · Grade 6 math: 51% met the provincial standard
- Victor Lauriston Public School2.1 km
Public · Lambton Kent DSB · 320 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 0% met the provincial standard
Secondary
- Ursuline College Chatham Catholic Secondary School1 km
Catholic · St Clair CDSB · 1335 students
Grade 10 literacy: 88% met the provincial standard
- Chatham-Kent Secondary School1.2 km
Public · Lambton Kent DSB · 1150 students
Grade 10 literacy: 77% met the provincial standard
- John McGregor Secondary School3.4 km
Public · Lambton Kent DSB · 560 students
Grade 10 literacy: 65% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N7L
- Population
- 25,127
- Private dwellings
- 11,583
- Median age
- 47.2
- Average household size
- 2.2
- Median household income
- $68,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Chatham · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of single family properties in Chatham over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$59,800
Estimated Monthly Payment
$1,469
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,469/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $75/mo
Estimates only. Consult a financial advisor.
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