128 West Street
Chatham-Kent, ON
- 3 bed
- 2 bath
- approx. 2000-2500 sqft
- Triplex
This triplex offers high rental income and excellent flexibility for investors and owner-occupants alike. The property currently generates $3,260 per month in rental income across all three units, with separate hydro and gas meters for straightforward expense management. The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom unit now rented for $1,125 per month plus hydro and gas. Each unit has its own hydro and gas meter, while on-site laundry provides added convenience for tenants. Two of the units have been thoughtfully updated, blending modern finishes with the character of the building. Key mechanical updates include a furnace and hot water tank completed in 2023, along with renovations to Unit 1 in 2024 and Unit 3 in 2023. Unit 3 also received a new entrance in 2025, and the sewer and drain lines have been replaced and lined with CIPP for added long-term peace of mind. The property offers parking for two vehicles and a functional layout that continues to attract quality tenants. With all three units currently rented and a solid rental history, this is an excellent opportunity for an investor looking to add a cash-flowing property to their portfolio or an owner-occupant looking for a multi-unit property with established rental income. Located in Chatham, this triplex offers the income, flexibility and updates that make for a compelling investment opportunity.
Listing Details
- Taxes (2025)
- $2,158
- Listed
- August 31, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- None
- Lot Size
- 49.08 x 106.75 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- WEST & RICHMOND
- Zoning
- RL3
- Parcel Number
- 005060176
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 REFRIGERATORS; 3 STOVES; 1 WASHER; 1 DRYER;
- Exclusions
- TENANT'S BELONGINGS
- Rental Items
- Hot water heater
Schools
Elementary
- Victor Lauriston Public School0.9 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 School1 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 School1.1 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 School2.6 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
Residential Freehold in Chatham-Kent · last 12 months
- Median sold price
- $349,900
- Homes sold
- 124
- Median days on market
- 25
- Sale-to-list price
- 95.2%
Based on 124 recorded sales of residential freehold properties in Chatham-Kent over the last 12 months.
Listed by
BLUE FOREST REALTY INC.
Walk Score
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Location
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Mortgage Calculator
$59,800
Estimated Monthly Payment
$1,469
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: $1,469/mo (20% down, 5.5%)
Taxes: $180/mo · Insurance: $75/mo
Estimates only. Consult a financial advisor.
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