$429,990
 $2,308 est/mo Sourced by Back At You

172 & 178 William Street S,Chatham-Kent, ON N7M4S9

Chatham-Kent, ON N7M4S9

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Description

Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser. (id:13843)

Details

MLS #X13705856
Listing TypeFor Sale
StatusActive
Days On Site79
Listing Provided ByRE/MAX MILLENNIUM REAL ESTATE | CLIANTHA CANDIDA FERNANDES

Features

SQ Feet11,563
ZoningRL3

Interior

Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount448.9

Area Information

ProvinceON
CityChatham-Kent
Postal CodeN7M4S9
Listing VS Median (in N7M4S9)
Price:
$429,990
low | high
Med:
$964,495
74.306379218121% of Average
sqft:
11,563
low | high
Med:
8,982
72.325521058549% of Average
$ / sqft:
$37
low | high
Med:
$136
100% of Average
On site:
79
low | high
Med:
169.5
46.607669616519% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityChatham-Kent
Postal CodeN7M4S9
Listing VS Median (in N7M4S9)
Price:
$429,990
low | high
Med:
$964,495
74.306379218121% of Average
sqft:
11,563
low | high
Med:
8,982
72.325521058549% of Average
$ / sqft:
$37
low | high
Med:
$136
100% of Average
On site:
79
low | high
Med:
169.5
46.607669616519% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:38:20 PM PDT