454 King west Street
Chatham, Ontario
- Multi-family
Exceptional Triplex Investment Opportunity...Discover this well-maintained triplex offering the perfect blend of strong income potential and long-term value. Featuring three self-contained units, this property is ideal for investors seeking reliable rental income or owner-occupants looking to offset mortgage costs by living in one unit while renting the others. Each unit offers a functional layout with bright living spaces, six spacious bedrooms, and well-appointed kitchens and bathrooms. The property is clean and immaculate and has been thoughtfully maintained and provides separate entrances, ample parking, and generous outdoor space with managed gardens and outdoor relaxing space for tenants to enjoy. Conveniently located near schools, Hospital, parks, shopping, public transit, and major commuter routes, this triplex appeals to a wide range of tenants, helping to support consistent occupancy. Whether you're expanding your investment portfolio or purchasing your first multi-family property, this is a rare opportunity to own a versatile, income-producing asset in a desirable location. Don't miss your chance to secure a property that offers immediate cash flow and excellent long-term appreciation potential. Two vacant units allow to set your own rents with one long term 17 year tenant that takes care of the lawn and garden spaces finished with love and expertise. Good, safe value.
Price History
Schools
Elementary
- Winston Churchill Public School0.7 km
Public · Lambton Kent DSB · 250 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 29% met the provincial standard
- Victor Lauriston Public School1.5 km
Public · Lambton Kent DSB · 320 students
Grade 3 reading: 57% met the provincial standard · Grade 6 math: 0% met the provincial standard
- Tecumseh Public School1.7 km
Public · Lambton Kent DSB · 575 students
Grade 3 reading: 51% met the provincial standard · Grade 6 math: 26% met the provincial standard
Secondary
- Ursuline College Chatham Catholic Secondary School0.7 km
Catholic · St Clair CDSB · 1335 students
Grade 10 literacy: 88% met the provincial standard
- John McGregor Secondary School2.4 km
Public · Lambton Kent DSB · 560 students
Grade 10 literacy: 65% met the provincial standard
- Chatham-Kent Secondary School2.4 km
Public · Lambton Kent DSB · 1150 students
Grade 10 literacy: 77% 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.
Walk Score
Walk
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Scores by Walk Score®
Location
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Mortgage Calculator
$117,000
Estimated Monthly Payment
$2,874
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: $2,874/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $146/mo
Estimates only. Consult a financial advisor.
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