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188 ADELAIDE STREET South, Chatham, Ontario, N7M 4R9

MLS® # 24029424
Investment For Sale In Chatham, Ontario
$199,000
188 Adelaide Street South, Chatham, ON - Outdoor With Facade
188 Adelaide Street South, Chatham, ON - Outdoor With Facade
188 Adelaide Street South, Chatham, ON - Outdoor With Facade
188 Adelaide Street South, Chatham, ON - Outdoor With Exterior
188 Adelaide Street South, Chatham, ON - Indoor
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON -  Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Other
188 Adelaide Street South, Chatham, ON - Other
188 Adelaide Street South, Chatham, ON - Other
188 Adelaide Street South, Chatham, ON  - Outdoor With Facade
188 Adelaide Street South, Chatham, ON  - Outdoor With Facade
188 Adelaide Street South, Chatham, ON  - Outdoor With Facade
188 Adelaide Street South, Chatham, ON  - Outdoor With Exterior
188 Adelaide Street South, Chatham, ON - Indoor
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON -  Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Indoor Photo Showing Other Room
188 Adelaide Street South, Chatham, ON - Other
188 Adelaide Street South, Chatham, ON - Other
188 Adelaide Street South, Chatham, ON - Other
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Home Insurance - TD Insurance

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188 ADELAIDE STREET South, Chatham, Ontario, N7M 4R9
$199,000

Property Information:

Looking for your next investment opportunity? This vacant duplex is full of potential. With two 1-bedroom, 1-bathroom units, it’s the perfect chance to start fresh. You can choose your own tenants and set rents that work for you. Whether you’re looking for an income property or a live-and-rent option, this duplex is ready to be transformed into something great. Each unit has separate hydro and natural gas meters, already in place, saving you money and increasing profitability. The layout provides practical living spaces with good potential for updates (including room for 2-bedrooms in each unit) that increase value and attract quality tenants. The property also features an unfinished basement with a backyard walkout. The home does need renovation, but for the right buyer, it’s an opportunity to create a property that stands out. Whether you’re experienced in real estate or just starting your investment journey, this duplex offers flexibility and room for growth. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Exterior Finish:
  • Flooring Type: Hardwood, Laminate
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1890
  • Zoning: RL3
  • Parking Type: Other
  • No. of Parking Spaces: 2

Rooms:

  • Bedroom 2nd Level 15 ft ,5 in x Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Kitchen 2nd Level 13 ft ,3 in x Measurements not available
  • Living 2nd Level 15 ft ,2 in x Measurements not available
  • Storage Basement Level 16 ft ,2 in x Measurements not available
  • Utility Basement Level 22 ft ,2 in x Measurements not available
  • Storage Basement Level 16 ft ,8 in x Measurements not available
  • Bedroom Main Level 16 ft x Measurements not available
  • Bathroom Main Level Measurements not available
  • Kitchen Main Level 15 ft x Measurements not available
  • Living Main Level 15 ft ,7 in x Measurements not available

Courtesy of: NEST REALTY INC.

REALTOR.ca  

Location of 188 ADELAIDE STREET South, Chatham, Ontario, N7M 4R9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 188 ADELAIDE STREET South , experiences 7 hot days per year at around 31.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 35.2 degrees Celsius.

Projected Avg. Temperature

Past
31.7℃
2050
35.2℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 188 ADELAIDE STREET South , experiences 11 significant 2-day storms per year, with about 303.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 374.3mm of precipitation per year.

Precipitation Per Storm

Past
303.8mm
2050
374.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 188 ADELAIDE STREET South, Chatham, Ontario, N7M 4R9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,860.47

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.0 %

High school certificate or equivalent

37.67 %

Apprenticeship trade certificate/diploma

6.59 %

College/non-university certificate

19.24 %

University Degree

8.5 %

Commuter

Travel To Work

By Car

90.34 %

By Public Transit

0.0 %

By Walking

7.23 %

By Bicycle

0.0 %

By Other Methods

2.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.76 %

Houses

54.24 %

Own Vs. Rent