317 Queen Street Sold Invalid date

Chatham-Kent, Chatham, N7M 2H7

$2,999,000$000000

Description

Listed by SKYVIEW REALTY LTD..

GORGEOUS FLAGSHIP HISTORICAL BUILDING WITH LARGE UNITS! Own a piece of history! This 11 unit apartment building features 10 large two bedroom units (some with 10'+ ceilings, some with second floors) and 1 bachelor unit currently furnished and being rented as a short-term rental through AirBnB. Bachelor unit could be rented on a standard lease. One 2 bedroom is also furnished as an executive suite. Significant upside on turnover of units. Exterior building constructed in 1905 as a business school then used as OPP headquarters. Building was completely rebuilt on the interior to become an apartment building in 1998. Ex. 1st mortgage to be assumed by Buyer. Seller will consider VTB 2nd mortgage. Property has historical designation.

Each unit contains their own HVAC system, laundry, and appliances. Waste pickup by city. Individually metered for hydro and gas, tenants pay those utilities. Environmental Phase I/II reports from 2021 can be reviewed during due diligence.

Location

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  • Address: 317 Queen Street
  • Neighborhood: Chatham
  • City: Chatham-Kent
  • State: Ontario
  • Postal Code: N7M 2H7

Property Details

  • Property ID: X8308204
  • Property Price: $2,999,000
  • Style: Investment, Apartment
  • Garage: Outside/Surface
  • A/C: Y
  • Heating: Gas Forced Air Closd
  • Taxes: $20,716.00 (2023)
  • Lot: 0.00x127.66 (Feet) - Irregular Depth
  • Hydro Incl.: 7297

Property History

This property has been sold 4 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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