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310, 312, WELLINGTON Street

310, 312, WELLINGTON Street

Chatham, Ontario

Multi-family

$579,900

Rarely does an opportunity like this present itself—offering two Heritage Listed homes for the price of one, this exceptional property features a well-maintained triplex alongside a charming single-family home, for a total of four income-generating units. Two fully renovated units are currently vacant, allowing you to set your own rents and maximize returns from day one. Ideally situated within walking distance to the downtown core, this property is nestled in a desirable, mature neighbourhood with strong rental appeal. Boasting numerous upgrades throughout, three of the four units offer in-suite laundry, with attractive side-by-side units complemented by a welcoming veranda. Each unit is separately metered with tenants paying their own utilities, and all are serviced by efficient forced air gas heating. Offering endless possibilities, this property is perfectly suited for investors or owner-occupiers seeking both immediate income and long-term growth. With an excellent rate of return and undeniable value, this is a rare investment opportunity in a prime, centrally located area. Ample on-site parking further enhances tenant convenience. Please contact Listing Agent for income and expense statement -Please note 24 Hour notice will be required to view all units

Price History

Schools

Elementary

  • Victor Lauriston Public School1.1 km

    Public · Lambton Kent DSB · 320 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 0% met the provincial standard

  • Queen Elizabeth II C Public School1.1 km

    Public · Lambton Kent DSB · 315 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 15% met the provincial standard

  • Winston Churchill Public School1.7 km

    Public · Lambton Kent DSB · 250 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 29% met the provincial standard

Secondary

  • Ursuline College Chatham Catholic Secondary School1.2 km

    Catholic · St Clair CDSB · 1335 students

    Grade 10 literacy: 88% met the provincial standard

  • Chatham-Kent Secondary School2.2 km

    Public · Lambton Kent DSB · 1150 students

    Grade 10 literacy: 77% met the provincial standard

  • John McGregor Secondary School2.3 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 N7M

Population
25,579
Private dwellings
11,361
Median age
44
Average household size
2.3
Median household income
$71,000

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

Multi-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 multi-family properties in Chatham over the last 12 months.

Location

Mortgage Calculator

$115,980

Estimated Monthly Payment

$2,849

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,849/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $145/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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