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40 Timmins CRESCENT, Chatham, Ontario, N7L 4E1

MLS® # 26023386
new listing
Investment For Sale In Chatham, Ontario
$699,900
40 Timmins Crescent, Chatham, ON
40 Timmins Crescent, Chatham, ON
40 Timmins Crescent, Chatham, ON
40 Timmins Crescent, Chatham, ON
  • Advertising
40 Timmins CRESCENT, Chatham, Ontario, N7L 4E1
$699,900

Property Information:

Excellent investment opportunity with immediate income form day one with this fully tenanted 4-plex building located on the desirable northside of Chatham. Each unit features 3 bedrooms and 1.5 bathrooms, offering functional layouts that appeal to long-term tenants. Situated close to major amenities, schools, shopping and public transportation, this property boasts strong rental demand and consistent cash flow. Tenants enjoy everything they need, making it an attractive investment. In suite laundry is available to each tenant as well as ample parking spaces. Each unit has a full basement with laundry hook ups. Whether you are a seasoned investor or just getting started, this multi-family property offers great returns and minimal vacancy risk. Don't miss your chance to add a reliable income producing asset to your portfolio. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Exterior Finish: Brick
  • Flooring Type: Carpeted, Laminate
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1975
  • Irregular: Yes
  • Lot Size: X / 0.203 AC
  • Zoning: RM1
  • Parking Type: Other
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Recreation Room Basement Level Measurements not available
  • Laundry Basement Level Measurements not available
  • Living Main Level Measurements not available
  • Kitchen Main Level Measurements not available
  • Bathroom Main Level Measurements not available

Courtesy of: RE/MAX PREFERRED REALTY LTD.

REALTOR.ca  

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Market Price Trends

Single family detached

0.2%

Price change (1 year)

37.18%

Price change (5 years)

All Properties

0.26%

Price change (1 year)

35.23%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 40 Timmins CRESCENT, Chatham, Ontario, N7L 4E1

Demographic Information of 40 Timmins CRESCENT, Chatham, Ontario, N7L 4E1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$77,170.72

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

33.49 %

High school certificate or equivalent

30.54 %

Apprenticeship trade certificate/diploma

3.13 %

College/non-university certificate

25.42 %

University certificate (below bachelor)

0.45 %

University Degree

6.97 %

Commuter

Travel To Work

By Car

85.03 %

By Public Transit

1.67 %

By Walking

6.33 %

By Bicycle

0.0 %

By Other Methods

6.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.89 %

Houses

37.11 %

Own Vs. Rent

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