77 Erie Street
Chatham-Kent, N0P 2C0
FOR SALE
$1,675,000
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Investment
CATEGORY 119.46 x 355
LOT SIZE X14119516
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Property Description
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property.
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Property Details
Address
77 Erie Street
Community
City
Postal Code
N0P 2C0
Property Type
Investment, Investment
Use
Apartment
Zoning
RM2-481
Lot Size
119' x 355'
Taxes
$6,564 (2026
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Blue Forest Realty Inc.
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