241 Grand Avenue E, Chatham-Kent, ON N7L 1W7
Chatham, Chatham-Kent · Near Grand Ave E & Van Allen Ave · View map
About this home
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.
The home
- Type
- Investment
- Square footage
- 4747 sq ft
- Lot size
- 50.2 x 56.2 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $13,500/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Grand Ave E & Van Allen Ave
- Neighbourhood
- Chatham
More
- MLS® number
- X13873574
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
241 Grand Avenue, Chatham-Kent, ON N7L 1W7
Chatham, Chatham-Kent · Near Grand Ave E & Van Allen Ave
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Listing history for 241 Grand Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 241 Grand Avenue E
Answers come straight from this home’s MLS® listing.
How much is 241 Grand Avenue E listed for, and what would it cost each month?
241 Grand Avenue E is listed for $1,200,000. With 20% down ($240,000), the mortgage payment would be roughly $4,840 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,965 a month, all in. That figure is an illustration, not a quote.
Is 241 Grand Avenue E freehold or a condo, and is there a monthly fee?
241 Grand Avenue E is a investment in Chatham, Chatham-Kent. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 241 Grand Avenue E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 241 Grand Avenue E?
241 Grand Avenue E is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 241 Grand Avenue E, and what is the lot size?
The lot is listed as 50.2 x 56.2 ft.
How is 241 Grand Avenue E heated and cooled?
Heating is baseboard. The listing does not show air conditioning.
What are the property taxes for 241 Grand Avenue E?
Property taxes are $13,500 a year (2025), or about $1,125 a month.
Where is 241 Grand Avenue E?
241 Grand Avenue E is in the Chatham community of Chatham-Kent. The nearest main intersection is Grand Ave E & Van Allen Ave. The postal code is N7L 1W7.
Is 241 Grand Avenue E still for sale?
Yes. It is an active listing (MLS® X13873574). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 241 Grand Avenue E asking?
Similar properties for sale nearby right now include 421 Grand Avenue E at $879,900, 4049 Bonneau Line at $999,990 and 155 Junction Avenue at $899,567. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 241 Grand Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 241 Grand Avenue E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Chatham, picked by style, size and price.
Investment$879,900421 Grand Avenue E, Chatham-KentChathamCourtesy of: THE REALTY FIRM PRESTIGE BROKERAGE INC.View home →
Industrial$999,9904049 Bonneau Line, Chatham-KentChatham-KentCourtesy of: Best Sellers Realty Inc.View home →
Industrial$899,567155 Junction Avenue, Chatham-KentChathamCourtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.View home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.