448 KING Street
Chatham
Multi-family
Exceptional Investment Opportunity! This stately stucco fourplex in the heart of historic Downtown Chatham perfectly blends timeless character with steady income potential. The property features a versatile mix of two 2-bedroom units and two 1-bedroom units. Meticulously maintained, the building boasts a boiler serviced annually and shingles replaced in 2013. Practical assets include Ducana windows throughout, a 2-car detached garage, and shared laundry facilities. With its prime location near shopping and amenities, this is a turnkey addition to any portfolio for an owner-occupant.
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.
Location
Mortgage Calculator
$149,800
Estimated Monthly Payment
$3,680
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,680/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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