224 LACROIX Street
Chatham, Ontario
Multi-family
Well-maintained income property offering strong long-term tenancy and consistent performance. The building features four one-bedroom, one-bathroom units with refinished hardwood flooring, slanted ceilings, and numerous capital improvements completed over time. Long-term tenants appreciate the clean, quiet, and well-managed environment. Conveniently located near grocery stores, a health clinic, restaurants, and banking services. Ample off-street parking available. Each unit is heated by an individual gas wall furnace with separate gas meters. Water and hydro are common expenses and included in rents. The property includes a common coin-operated laundry area. Detailed income, expenses, improvement list, and lease information available upon request. Must be sold together with 228 Lacroix.
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
- Winston Churchill Public School0.9 km
Public · Lambton Kent DSB · 250 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 29% met the provincial standard
- Queen Elizabeth II C Public School1.2 km
Public · Lambton Kent DSB · 315 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 15% met the provincial standard
Secondary
- Ursuline College Chatham Catholic Secondary School1.4 km
Catholic · St Clair CDSB · 1335 students
Grade 10 literacy: 88% met the provincial standard
- John McGregor Secondary School1.7 km
Public · Lambton Kent DSB · 560 students
Grade 10 literacy: 65% met the provincial standard
- Chatham-Kent Secondary School2.9 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
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Scores by Walk Score®
Location
Mortgage Calculator
$93,980
Estimated Monthly Payment
$2,308
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,308/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $117/mo
Estimates only. Consult a financial advisor.
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