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262-264 QUEEN Street

262-264 QUEEN Street

Chatham, Ontario

Multi-family

$549,000

Welcome to 262-264 Queen Street, Chatham - a fantastic investment opportunity! This versatile 3-unit property features a 3-bedroom, 1.5-bathroom unit, a 3-bedroom, 1-bathroom unit, and a basement unit with 1 bedroom and 1 bathroom. With the potential for great cash flow, this property allows for various living arrangements, whether for rental income or owner-occupancy. The property boasts 6 parking spots for tenants, two hydro, gas, and water meters, ensuring convenience and flexibility. Ideally located within walking distance to all amenities, this property offers both convenience and potential. Don't miss out on this opportunity!

Price History

Schools

Elementary

  • Victor Lauriston Public School0.8 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 School0.9 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 School1.4 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 School1.3 km

    Catholic · St Clair CDSB · 1335 students

    Grade 10 literacy: 88% met the provincial standard

  • John McGregor Secondary School2 km

    Public · Lambton Kent DSB · 560 students

    Grade 10 literacy: 65% met the provincial standard

  • Chatham-Kent Secondary School2.5 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.

Location

Mortgage Calculator

$109,800

Estimated Monthly Payment

$2,697

Investment Analysis

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

Mortgage: $2,697/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $137/mo

Estimates only. Consult a financial advisor.

R

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