5 Tiffany Street
Chatham-Kent, ON
- 6 bed
- 2 bath
- approx. 1500-2000 sqft
- Duplex
Turnkey Duplex Opportunity!Discover this fully converted duplex situated on an impressive approximately -acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike.The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service.Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy.With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity-live in one unit while the rental income from the other helps offset your mortgage and monthly expenses.Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth.
Listing Details
- Taxes (2025)
- $1,990
- Listed
- September 14, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Brick, Concrete, Stone
- Interior
- On Demand Water Heater
- Lot Size
- 88 x 123.42 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Erie St N
- Zoning
- R3
- Parcel Number
- 006930451
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers and 2 Dryers.
- Rental Items
- None
Schools
Elementary
- St Michael Catholic School0.7 km
Catholic · St Clair CDSB · 150 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 8% met the provincial standard
- Ridgetown DHS-Gr. 7 & 80.9 km
Public · Lambton Kent DSB · 90 students
- Naahii Ridge Public School1.6 km
Public · Lambton Kent DSB · 255 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 27% met the provincial standard
Secondary
- Ridgetown District High School0.9 km
Public · Lambton Kent DSB · 120 students
Grade 10 literacy: 64% 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 N0P
- Population
- 53,140
- Private dwellings
- 23,162
- Median age
- 46
- Average household size
- 2.4
- Median household income
- $80,000
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
- 125
- Median days on market
- 26
- Sale-to-list price
- 95.3%
Based on 125 recorded sales of residential freehold properties in Chatham-Kent over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second
Second
- Bathroom6'4" x 5'11"
- Bedroom14'10" x 8'6"
- Bedroom 213'6" x 9'11"
- Bedroom 311'5" x 10'
Main
- Bathroom9'10" x 8'10"
- Bedroom10'10" x 7'10"
- Bedroom 213'6" x 10'2"
- Kitchen11'6" x 11'1"
- Laundry10'7" x 6'5"
- Laundry13'9" x 4'
- Living Room13' x 11'11"
- Living Room11'3" x 11'2"
Basement
- Bedroom11'9" x 9'10"
- Recreation9'7" x 7'
- Utility Room8' x 7'7"
Listed by
MATCH REALTY INC.,
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$83,800
Estimated Monthly Payment
$2,058
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: $2,058/mo (20% down, 5.5%)
Taxes: $166/mo · Insurance: $105/mo
Estimates only. Consult a financial advisor.
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