This triplex offers strong rental income and excellent flexibility for both investors and owner-occupants. The property currently generates $2,135 per month from two tenanted units, with a third unit vacant that was previously rented for $1,195 per month plus utilities, bringing the potential gross monthly income to $3,330.The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom that is currently vacant and was previously rented for $1,195 per month plus hydro and gas. The vacant unit is move-in ready, making it ideal for a buyer looking to set market rent or move in and offset their mortgage. Each unit has separate hydro and gas meters, allowing for straightforward expense management and added investor appeal. On-site laundry is available for tenant convenience. Two of the units have been thoughtfully updated, blending modern finishes with character. Key mechanical updates include a furnace and a hot water tank completed in 2023. Additional improvements include renovations to Unit 1 in 2024 and Unit 3 in 2023, a new entrance for Unit 3 completed in 2025, and sewer and drain lines that have been replaced and lined with CIPP for long-term peace of mind. The property also offers parking for two vehicles and a functional layout that continues to attract quality tenants. Whether you're expanding your portfolio or entering the market with a house hacking strategy, this is a solid income-generating opportunity in Chatham.
Ontario Real Estate Search | View Property Details
Browse homes and properties for sale across Ontario using the filters above.
Searching is free—use the map, price, and property type to narrow down your results fast. Whether you are looking for a city condo, a family home, or a waterfront retreat, you can filter by the exact features that matter to you.
Want a hand finding the right place? Contact us, and we’ll send matching listings directly to your inbox.
Quick FAQ
How should I set the Price filter? If you’re not sure, start wide (Any–$10M+) to see what’s available in your chosen area, then tighten it to your comfortable monthly budget.
What does “Property / Home Type” mean? Use this to narrow your search by the style of home you want (e.g., condo vs. detached vs. cottage). If you’re unsure, leave it on Any and filter later.
How do Bedrooms and Bathrooms filters work? Set minimums (e.g., 3+ beds, 2+ baths) to remove smaller options quickly. Leaving them at 0 shows everything available.
Not finding the right match? Send us your must-haves (Town/City, budget, home type, beds/baths) and we’ll help you zero in on the best properties in that region.
Do I need an account to search? No—searching is free. If you want help shortlisting options, contact us and we’ll send matches.
How often is the search updated? Listings can change daily. If you see a property you like, save the link and reach out so you don’t miss it.
Can I share a search with someone? Yes—copy the page link or send us what you’re looking for, and we’ll help you narrow it down and share options.