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41 FOURTH STREET, Chatham, Ontario, N7M 2G3

MLS® # 24023491
Investment For Sale In Chatham, Ontario
$999,900
41 Fourth Street, Chatham, ON - Outdoor
41 Fourth Street, Chatham, ON - Outdoor
41 Fourth Street, Chatham, ON - Outdoor With Exterior
41 Fourth Street, Chatham, ON - Indoor Photo Showing Dining Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Dining Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Kitchen With Double Sink
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Kitchen
41 Fourth Street, Chatham, ON - Photo Showing Other Room
41 Fourth Street, Chatham, ON - Outdoor
41 Fourth Street, Chatham, ON - Outdoor
41 Fourth Street, Chatham, ON - Outdoor With Exterior
41 Fourth Street, Chatham, ON - Indoor Photo Showing Dining Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Dining Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Office
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Kitchen With Double Sink
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor
41 Fourth Street, Chatham, ON - Indoor Photo Showing Other Room
41 Fourth Street, Chatham, ON - Indoor Photo Showing Bathroom
41 Fourth Street, Chatham, ON - Indoor Photo Showing Kitchen
41 Fourth Street, Chatham, ON - Photo Showing Other Room
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Home Insurance - TD Insurance
Get a home insurance quote online for this $999,900 property in Chatham
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $999,900 property in Chatham

Provided by TD Insurance
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ACTIVE
41 FOURTH STREET, Chatham, Ontario, N7M 2G3
$999,900

Property Information:

Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. ft., including 1,848 sq. ft. of commercial space and 3,250 sq. ft. of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied! (id:27)

Building Features:

  • Style: Multiplex
  • Amenities: Shopping Area
  • Exterior Finish: Brick
  • Flooring Type:
  • Foundation Type: Concrete, Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Zoning: UC-CBD
  • Parking Type: Other

Courtesy of: Re/Max Preferred Realty Ltd.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 41 FOURTH STREET, Chatham, Ontario, N7M 2G3

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, 41 FOURTH STREET , 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, 41 FOURTH STREET , 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.

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Demographic Information of 41 FOURTH STREET, Chatham, Ontario, N7M 2G3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,932.61

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.72 %

High school certificate or equivalent

39.56 %

Apprenticeship trade certificate/diploma

3.84 %

College/non-university certificate

20.01 %

University certificate (below bachelor)

0.07 %

University Degree

9.8 %

Commuter

Travel To Work

By Car

85.72 %

By Public Transit

0.67 %

By Walking

9.51 %

By Bicycle

0.0 %

By Other Methods

4.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.98 %

Houses

53.02 %

Own Vs. Rent

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