Listed for:Listed Aug 31, 2026
$299,000

128 West Street

Chatham-Kent (Chatham), ON N7M 2R6

Multiplex For Sale
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Sale & Price History for 128 West Street, Chatham-Kent, Chatham

No listing history available

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About 128 West Street, Chatham-Kent, Chatham

Summarized Description

  • Triplex with high rental income of $3,260 monthly
  • Three self-contained units with separate utilities
  • Updated units blending modern finishes and character
  • Mechanical updates including furnace and hot water tank
  • Parking available for two vehicles
  • Excellent investment opportunity in Chatham
  • All units currently rented with solid rental history
  • Flexibility for both investors and owner-occupants

This triplex offers high rental income and excellent flexibility for investors and owner-occupants alike. The property currently generates $3,260 per month in rental income across all three units, with separate hydro and gas meters for straightforward expense management. The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom unit now rented for $1,125 per month plus hydro and gas. Each unit has its own hydro and gas meter, while on-site laundry provides added convenience for tenants. Two of the units have been thoughtfully updated, blending modern finishes with the character of the building. Key mechanical updates include a furnace and hot water tank completed in 2023, along with renovations to Unit 1 in 2024 and Unit 3 in 2023. Unit 3 also received a new entrance in 2025, and the sewer and drain lines have been replaced and lined with CIPP for added long-term peace of mind. The property offers parking for two vehicles and a functional layout that continues to attract quality tenants. With all three units currently rented and a solid rental history, this is an excellent opportunity for an investor looking to add a cash-flowing property to their portfolio or an owner-occupant looking for a multi-unit property with established rental income. Located in Chatham, this triplex offers the income, flexibility and updates that make for a compelling investment opportunity.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,158
Land Transfer Tax Fee
$2,960

Rental Items

Rental Equipment
Hot water heater

Basement Type
Partial Basement, Crawl Space

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
49.08 ft
Lot Depth
106.75 ft

Inclusions

Inclusions
3 REFRIGERATORS; 3 STOVES; 1 WASHER; 1 DRYER;

Exclusions

Exclusions
TENANT'S BELONGINGS

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
2
Kitchens
3

Washrooms

  • 4-piece
  • 4-piece

Municipality
Chatham-Kent
Neighbourhood
Chatham
Main cross streets
WEST & RICHMOND
Zoning
RL3
Directions
WEST BETWEEN LORNE AV & RICHMOND

MLS® number
X13731244
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-31
Updated on
2026-09-01
Days on market
48 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
BLUE FOREST REALTY INC.

Home Market Value

Current home valuation for 128 West Street, Chatham-Kent, Chatham, Chatham-Kent, ON. Listed for $299,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 128 West Street, 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

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Chatham-Kent, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$14,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,362$8,342$7,116$0
=Total mortgage
$295,412$277,442$261,266$239,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,442monthly$1,355monthly$1,276monthly$1,168monthly
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Land Transfer Tax

Provincial

$2,960

Total Land Transfer Tax

$2,960

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