172 & 178 William Street
Chatham-Kent, ON
- 11,562 sqft
- Land
- 26 days on market
Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser.
Listing Details
- Taxes (2026)
- $449
- Listed
- August 24, 2026
Price History
Property
- Lot Size
- 113.73 x 101.67 Feet
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Duluth St / William St S
- Zoning
- RL3
- Parcel Number
- 005080059
- Possession
- Flexible
- Occupancy
- Vacant
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
Commercial in Chatham-Kent · last 12 months
- Median sold price
- $349,900
- Homes sold
- 123
- Median days on market
- 24
- Sale-to-list price
- 95.2%
Based on 123 recorded sales of commercial properties in Chatham-Kent over the last 12 months.
Listed by
RE/MAX MILLENNIUM REAL ESTATE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 11,562 sq ft
- Price per sq ft
- $37.19
- Annual property tax
- $449
- Tax per sq ft
- $0.04
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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