<-- style PDP --> 22 Cross Street, Chatham-Kent - Duplex for sale for $359,000
  • sold

22 Cross Street

Chatham-Kent, Ontario, N7M 1K5 - Chatham

$359,000$000000

  • Neighbourhood

    Chatham

  • Major Intersection

    Jeffrey and Cross

  • Listed Since: 98 day(s)

  • Last update: 61 day(s) ago

Overview

  • Property Type

    Duplex, Bungalow

  • Bedrooms

    3

  • Bathrooms

    2

  • Basement

    Part Bsmt + Unfinished

  • Kitchen

    2

  • Total Parking

    2 (1 Detached Garage)

  • Lot Size

    36.67x100 (Feet)

  • Taxes

    $1,663.49 (2025)

  • Type

    Freehold

Property Description

Property description for 22 Cross Street, Chatham-Kent

This investment property presents a compelling opportunity with strong potential returns. The current rents reflect two units: a one-bedroom unit with a projected rent of $1,350 and a two-bedroom unit at $1,750 plus utilities. With a list price of $369,000, the projected cap rate stands over a solid 10% after accounting for insurance and property taxes. Notably, the property is vacant and ready for new tenancy, allowing a new owner to present immediate occupancy without downtime. Typically, properties at this return level require substantial renovations; however, this property has been extensively updated. Electrical work is completely brand new, including complete rewiring, a separate meter and panel-based setup, updated overhead service, and all new electrical components. All ESA inspections have been completed, and the property is equipped with two water tanks, two furnaces, and two gas meters and two water meters.

Listed by BLUE FOREST REALTY INC.

  • MLS #

    X12728000

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    Detached, 1 spaces

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • MLS #

    X12728000

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    Detached, 1 spaces

  • Total Parking

    2

  • Family Room

    Y

  • Den

    Y

  • Exterior

    Vinyl Siding

  • Fireplace

    Y

  • Roof

    Asphalt Shingle

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Estimated price

Date
Price
Change
2026-01-25
$354,242
0.42%

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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