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185 Thames STREET
Chatham Ontario N7L2Z3 Canada

$305,000

Active Listing ID 26016396
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Multi-family

$305,000

Active Listing ID 26016396
Save

185 Thames STREET Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1, 100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and ""house hack"" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1, 700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Aluminum/Vinyl
  • Floor Covering: Laminate, Mixed Flooring, Cushion/Lino/Vinyl
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 7/8/2026 5:50:03 PM GMT
Source Updated Date: 7/10/2026 5:07:43 AM GMT

Courtesy of: CHRIS PAPPLE, Sales Person, ROYAL LEPAGE PEIFER REALTY Brokerage