131 Margaret Ave

Chatham-Kent | Wallaceburg | N8A 2A2
  • 6
  • 6
  • 0

Ask: $699,900 $679,900

Est. Mtg $2,305 /mo
  • Days on market

    30

  • Status

    Pc

Listing Broker REAL BROKER ONTARIO LTD
Since listed: 0 views

Home details

MLS #:

X9299724

Property type:
Multiplex
Style:
2-Storey
Taxes:
$2,102
Possession:
Immed/Flex
Lot Front:
70.0   Feet
Lot Depth:
108.0   Feet
Basement:
Part Bsmt |
Driveway Pkg:
4
Heat:
Other | Other

Description


131 Margaret Ave, , Chatham-Kent, Ontario is a Multiplex property in Chatham-Kent and in the Wallaceburg community in the N8A 2A2 postal code


Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from 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 (2023), ductless heat/AC in renovated units (2023), new kitchens with stainless steel appliances (2023), new bathrooms (2023), LVP flooring (2023) and extensive brickwork (2023). 7 hydro panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (2 vacant, 1 tenanted). Priced to sell!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-05 2023-08 $799,900 $749,900 Ter X5928024
2024-03 2024-06 $729,900 $699,900 Exp X8185378
2024-09 2024-09 $699,900 $679,900 Pc X9299724
2024-01 $799,900 $749,900 X7464293

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Chatham-Kent :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 131 Margaret Ave

Based on available 3rd party data

$2615

Approximate costs per month

Mortgage
$2305 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$175 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker REAL BROKER ONTARIO LTD
Data Source: TRREB

Payment calculator

$2480 monthly. In association with: TD Bank
%
  • Principal and Interest
    2305 /mo
  • Property Taxes
    $175 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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