106 Lorne Avenue
Chatham-Kent (Chatham), ON N7M 1S1
- 11Bedrooms
- 6Bathrooms
- 6Parking
- 3500–5000Sq Ft
- $7,216Tax
- 89×104 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 106 Lorne Avenue, Chatham-Kent, Chatham
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-09-15 | - | Login to See Prices | Active | X13785124 |
| 2026-09-15 | 2026-10-13 | Login to See Prices | Sold | x13785134 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 106 Lorne Avenue, Chatham-Kent, Chatham
Summarized Description
- Purpose-built 6-unit building with strong income potential.
- Cap rate of 7.1% indicates solid investment.
- Gross annual income of $88,000 from rentals.
- Recent updates to plumbing, electrical, and windows.
- Revitalized common areas enhance tenant appeal.
- Five 2-bedroom units provide diverse rental options.
- Vacant unit offers immediate rental opportunity.
- Located in a supply-constrained rental market.
125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,216
- Land Transfer Tax Fee
- $11,475
Rental Items
- Rental Equipment
- 1 Washer, 1 Dryer
- Basement Type
- Finished, Full
Interior Features
- Interior Extras
- Water Heater
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Concrete
- Roof
- Flat
- Foundation Details
- Concrete Block
- Special Designation
- Other
Lot
- Lot Front
- 89.00 ft
- Lot Depth
- 103.75 ft
Inclusions
- Inclusions
- 5 Fridges, 6 Stoves, 7 Hot Water Tanks
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Other
- Bedrooms
- 11
- Washrooms
- 6
- Kitchens
- 6
Washrooms
- 3-piece
- Municipality
- Chatham-Kent
- Neighbourhood
- Chatham
- Main cross streets
- Richmond Street
- Directions
- East
- MLS® number
- X13785134
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-13
- Listed on
- 2026-09-15
- Days on market
- 28 days
- Possession date
- 2026-09-16
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- MYSAK REALTY INC.
Home Market Value
Current home valuation for 106 Lorne Avenue, Chatham-Kent, Chatham, Chatham-Kent, ON. Listed for $749,999
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 106 Lorne Avenue, Chatham-Kent, Chatham
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $249,999 over $500K
$50,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $27,990 | $20,925 | $17,850 | $0 |
=Total mortgage | $727,739 | $695,924 | $655,349 | $599,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,553monthly | $3,398monthly | $3,200monthly | $2,929monthly |
Land Transfer Tax
$11,475
$11,475
Around this home
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