388 Park Avenue E
Chatham-Kent (Chatham), ON N7M 3W3
- 9+9Bedrooms
- 12Bathrooms
- 12Parking
- —Sq Ft
- $21,419Tax
- 124×129 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 388 Park Avenue E, Chatham-Kent, Chatham
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-01-09 | 2025-02-05 | Login to See Prices | Terminated | x11918772 |
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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 388 Park Avenue E, Chatham-Kent, Chatham
PRIME INVESTMENT OPPORTUNITY! This 12-plex includes 11 spacious 2-bedroom units and 1 cozy 1-bedroom unit, with 8 units fully renovated in 2022. These updated units feature in-suite laundry, modern kitchens with quartz countertops, and stainless steel appliances, including a dishwasher, fridge, stove, and microwave. Tenants pay heating and hydro, while the landlord covers water and common hydro. Most units are equipped with ductless heat pumps and baseboard heating. The property offers 18 parking spaces and a coin-operated laundry room for units without in-suite facilities. Don't miss this incredible opportunity!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $21,419
- Land Transfer Tax Fee
- $52,725
Rental Items
- Rental Equipment
- 2 HOT WATER TANKS, COIN OP LAUNDRY RENTED WITH COINAMATIC
- Under Contract
- Hot Water Heater
- Basement Type
- None
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 124.38 ft
- Lot Depth
- 129.22 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 8 STACKED WASHER & DRYERS;1 SET COIN OPERATED WASHER/DRYER; REFRIGERATORS IN ALL UNITS; STOVES IN ALL UNITS;
Exclusions
- Exclusions
- TENANT'S BELONGINGS
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 12
- Parking Spaces
- 12
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 9 + 9
- Washrooms
- 12
- Kitchens
- 12
Washrooms
- 4-piece
- Municipality
- Chatham-Kent
- Neighbourhood
- Chatham
- Main cross streets
- PARK AV NEAR MAPLE LEAF DR
- Zoning
- RM2
- MLS® number
- X11918772
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-02-05
- Listed on
- 2025-01-09
- Days on market
- 27 days
- Possession type
- Flexible
- Co-op commission
- 1.5% + HST
- Seller
- Listed by
- BLUE FOREST REALTY INC.
Home Market Value
Current home valuation for 388 Park Avenue E, Chatham-Kent, Chatham, Chatham-Kent, ON. Listed for $2,650,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 388 Park Avenue E, 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
20% required for homes $1.5M or more
$530,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,120,000 | $1,987,500 | $1,855,000 | $1,722,500 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $10,351monthly | $9,704monthly | $9,057monthly | $8,410monthly |
Land Transfer Tax
$52,725
$52,725
Around this home
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