$429,990
Available - For Sale
Listing ID: X13705856
172 & 1 William Street South , Chatham-Kent, N7M 4S9, Chatham-Kent
| Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser. |
| Price | $429,990 |
| Taxes: | $448.90 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 172 & 1 William Street South , Chatham-Kent, N7M 4S9, Chatham-Kent |
| Postal Code: | N7M 4S9 |
| Province/State: | Chatham-Kent |
| Legal Description: | PT PARK LT A (SOUTH OF PARK STREET) HARW |
| Directions/Cross Streets: | Duluth St / William St S |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 11562.92 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Sewers: | Sanitary+Storm |
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| RE/MAX MILLENNIUM REAL ESTATE |
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Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Chatham-Kent |
| Municipality: | Chatham-Kent |
| Neighbourhood: | Chatham-Kent |
| Tax: | $448.9 |
| Fireplace: | N |
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