<-- style PDP --> 18-20 Lorne Avenue, Chatham - Multi-3 Unit for sale for $429,900
  • sold

18-20 Lorne Avenue

Chatham, ON, N7M 1R5 - SE

$429,900$000000

  • Neighbourhood

    SE

  • Major Intersection

  • Listed Since: 844 day(s)

  • Last update: 763 day(s) ago

Overview

  • Property Type

    Multi-3 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    3

  • Basement

    None

  • Kitchen

    n/a

  • Total Parking

    8

  • Lot Size

    Available Upon Request

  • Taxes

    $2,182.74 (2023)

  • Type

    Freehold

Property Description

Property description for 18-20 Lorne Avenue, Chatham

Attention investors!! Check out this well - maintained centrally located triplex. The property features 2 - 2 bedroom units and 1 - 1 Bedroom unit. All units have 2 parking spaces, separate entrances and each feature in-suite laundry. The back 1 Bedroom unit, and upper 2 bedroom unit have been renovated in the last 3 years and all 3 tenants are currently up to date. Rent is as follows: LWR 2 Bed (933.57 inclusive) UP 2 Bed ($1,350 + hydro) and 1 Bedroom ($1,150 + Hydro). LL currently responsible for LWR 2 bed Hydro, House Hydro/Water and Gas. Furnace + A/C in great condition and new on-demand water tank installed 2022. New steel roof over 1 bedroom unit in 2020. Most windows have been updated in the last 5 years!! 2023 Expenses $11,414 (Utilities/property tax/Insurance).

Listed by BLUE FOREST REALTY INC.

  • MLS #

    40528443

  • Sq. Ft

    2327

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    8

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Aluminum Siding, Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40528443

  • Sq. Ft

    2327

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    8

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Aluminum Siding, Vinyl Siding

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

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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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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