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215 Grand AVENUE East
Chatham Ontario N7L1W3 Canada

$325,000

Active Listing ID 26006843
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3 bed
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2.00 Bath
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Single Family

$325,000

Active Listing ID 26006843
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215 Grand AVENUE East Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately $1, 100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. Opportunity also exists for buyers to assume vacant possession for personal use while leveraging income from the upper unit — a smart way to reduce expenses and save toward your next purchase. Call today to #lovewhereyoulive. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick
  • Floor Covering: Hardwood, Ceramic/Porcelain, Cushion/Lino/Vinyl
  • Heating Systems: Natural gas, Furnace
  • Additional Features
  • Basement
Listing Changed: 4/2/2026 5:31:46 PM GMT
Source Updated Date: 4/4/2026 8:03:34 AM GMT

Courtesy of: BRAYDN MILLSON, Sales Person, NEST REALTY INC.