Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

50 Lorne Avenue 48, Chatham-Kent, ON N7M 1R9 (Lorne & Raleigh)
$ 349000 - MLS : X12907100

From Our Gallery

Description

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.

Location Description

Lorne & Raleigh

Property Detail

Community: Chatham
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 4
Garages: None
Annual Property Taxes : $ 3238

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Brick
Total Parking Space : 1
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : None ,

Listing Contracted With: EXP REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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