PROPERTY INFO
Investment & Development Opportunity in the City of Chatham! This offering includes 27 & 31 Wade Street, comprising two separate ARNs (365042000510400 and 365042000510500) situated on a single PIN, with potential to sever, subject to completion of a Phase 2 Environmental assessment and all required approvals.
The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential. The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations.
Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham.
24 hours' notice is required for all showings of tenanted units. Property is being sold “as is, where is.” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings.
PROPERTY SPECS
Price $459,000
City Chatham, Ontario
Bed / Bath 4 / 3 Full
Address 27 & 31 Wade Street
Listing ID 26022142
Style 2 Storey
Construction Aluminum/Vinyl, Brick
Roof Asphalt Shingle
Flooring Hardwood or Engineered Hrwd, Other, See Remarks
Type Residential
Status For Sale
EXTENDED FEATURES
Subtype
2 Storey Outdoor Features
Storage Shed, Workshop Inclusions
3 Fridges, 2 Stoves, 2 Microwaves, Washer and Dryer. Driveway
Gravel Drive Parking
None Ownership
Freehold Rental Equipment
Other, See Remarks Basement
Full Foundation
Concrete Heating / Cooling
Forced Air, Furnace Heating Fuel
Natural Gas Hot Water Tank
Tankless Water Heater Utility Water
Municipal Water Sewer
Sanitary Date Listed
Sep 10, 2026 Days on Market
7