131 Margaret Avenue, Chatham-Kent | Image 1

131 Margaret Avenue

Chatham-Kent, Wallaceburg

  • 6 bed 6 bath 2500 sqft
$699,900 est.*: $2,371/mo
For Sale

Added 4 weeks ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 2500 sqft

  • Lot Size: 70 x 108 Feet

  • Age: 100+ years

  • Taxes: $2,101 per year

  • Days on Site: 14 Days

  • Added: Mar 27, 2024 (4 weeks ago)

  • Updated:

  • Last Checked: 13 minutes ago

  • MLS®#: X8185378

  • Listed By: Real broker ontario ltd

Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from the upper units. 3 units have been recently renovated from top to bottom allowing you to receive market rents while you renovate others. There is significant upside to be had! A lot of expensive updates have been done already including a brand new roof and sheeting, ductless heat/AC in renovated units, new kitchens with stainless steel appliances, new bathrooms, LVP flooring and extensive brick work. 7 panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (1 vacant, 2 tenanted). Gas expenses can be reduced or eliminated with adding ductless heat/AC to unrenovated units. Priced to sell!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 2500

  • Age: 100+

  • Area: Chatham-Kent

  • Community: Wallaceburg

  • Availability Date: Flexible

  • Assessment Amount: $120,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 6

  • Bathrooms: 6

  • Kitchens: 6

  • Den/Family Room: No

  • Air Conditioning: Wall Unit

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 6

Building

  • Basement: Crawl Space

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 30, 40 PL 117; PT PELLEW ST PL 117 CLOSED BY WA12852, AS I

  • Taxes: $2,101

Land

  • Cross Street: Main

  • Municipality District: Chatham-Kent

  • Fronting On: North

  • Parcel Number: 005600047

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 108 Feet

  • Lot Frontage: 70 Feet

  • Zoning: R4

Rooms

Room details for 131 Margaret Avenue, Chatham-Kent

Type Dimensions
Kitchen 2nd 3.50 x 3.50
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Very Walkable

  • Most errands can be accomplished on foot.
76 /100

Bikeable

  • Some errands can be accomplished on bike.
53 /100
Join or Sign in • See photos & sold data
Sold Jul 27, 2022
$XXX,XXX
  • — bath
  • — bed

416 William Street, Chatham-Kent, Ontario • N8A 4B7

Map of 131 Margaret Avenue, Chatham-Kent
JK-8

Christ the King Catholic School

Elementary: Catholic
0.79 km
7-8

Wallaceburg DSS-Gr. 7 & 8

Elementary: Public
1.07 km
JK-6

H W Burgess Public School

Elementary: Public
0.62 km
JK-8

St Elizabeth Catholic School

Elementary: Catholic
1.78 km
JK-8

Holy Family Catholic School

Elementary: Catholic
1.16 km
JK-6

A A Wright Public School

Elementary: Public
2.15 km
9-12

École secondaire catholique École secondaire de Pain Court

Secondary: Catholic
23.66 km
9-12

Lambton Kent Composite School

Secondary: Public
16.41 km
9-12

John McGregor Secondary School

Secondary: Public
28.95 km
9-12

Wallaceburg District Secondary School

Secondary: Public
1.05 km
9-12

Chatham-Kent Secondary School

Secondary: Public
24.66 km
9-12

Ursuline College (The Pines) Catholic Secondary School

Secondary: Catholic
25.85 km

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