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$ 374,999
Est. payment /mo
New
217 Creek ST Chatham-kent, ON N8A 4C1
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Wallaceburg
MLS Listing ID X13048896
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $2,000
Tax Year 2025
Property Sub-Type Triplex
Property Description
Rare flexible opportunity in a high-traffic location near downtown Wallaceburg, approx. 1,738 sq ft. This corner-lot property offers excellent exposure multiple private entrances and strong live/rent/business potential. Property features three functional areas: Unit 1 is a ground-level private corner room with separate entrance, attached washroom and private parking, ideal for private room rental, guest suite, home office or part of the main house. The middle residential portion is a spacious custom-style home with 4 bedrooms upstairs, separate living/dining areas, bright eat-in kitchen with large windows and a spacious bathroom with double sink vanity and storage. The 4th room is currently used as laundry and can be relocated as per buyer preference. Unit 3 is the commercial-style unit with its own washroom, recently added shower and laundry, creating strong potential for a small business or flexible- use space. Commercial unit is ideal for a much-needed business in this area such as coffee shop, bakery, café, pizza shop/Pizza Pizza-style franchise, takeout, fish & chips, retail, office, beauty/personal service or similar use. Buyer may live in the main house, rent Unit 1/private room and operate or lease Unit 3 for extra income. Recent upgrades include new flooring in the middle house, shower/washroom improvements in Unit 1, newly added shower/laundry in Unit 3 and newer furnace/AC HVAC system valued at approx. $12,500. Five total parking spaces on both sides: one private space for Unit 1 and four side spaces. Residential parts/units are fully furnished and on Airbnb with income potential $4,000+ per month. Commercial income depends on business and can potentially be $10,000+. Close to Sydenham River, marinas, boating, fishing, outdoor recreation, and approx. 12 min drive to Walpole Island and Walpole-Algonac Ferry to Michigan, USA. Garden shed for storage, lower property tax, immediate possession available.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Rooms
Basement Crawl Space
Kitchen 2
Interior
Interior Features Built-In Oven, Countertop Range, Water Heater Owned
Cooling Central Air
Inclusions Two Stove, Three Fridges, Two DishwasherTwo Washer and Dryer
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Concrete, Concrete Block
Lited by HOMELIFE/MIRACLE REALTY LTD
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