901 Victoria St N Kitchener, ON

22 Cross Street, Chatham-Kent, Ontario N7M 1K5 (29288037)

22 Cross Street Chatham-Kent, Ontario N7M 1K5

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Bungalow Fireplace Central Air Conditioning Forced Air

$369,000

This investment property presents a compelling opportunity with strong potential returns. The current rents reflect two units: a one-bedroom unit with a projected rent of $1,350 and a two-bedroom unit at $1,750 plus utilities. With a list price of $369,000, the projected cap rate stands over a solid 10% after accounting for insurance and property taxes. Notably, the property is vacant and ready for new tenancy, allowing a new owner to present immediate occupancy without downtime. Typically, properties at this return level require substantial renovations; however, this property has been extensively updated. Electrical work is completely brand new, including complete rewiring, a separate meter and panel-based setup, updated overhead service, and all new electrical components. All ESA inspections have been completed, and the property is equipped with two water tanks, two furnaces, and two gas meters and two water meters. (id:50976)

Property Details

MLS® Number X12728000
Property Type Multi-family
Community Name Chatham
Features Sump Pump
Parking Space Total 2

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Development Unfinished
Basement Features Separate Entrance
Basement Type Partial, N/a (unfinished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Fireplace Present Yes
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 36 Ft ,8 In
Size Irregular 36.7 X 100 Ft
Size Total Text 36.7 X 100 Ft

https://www.realtor.ca/real-estate/29288037/22-cross-street-chatham-kent-chatham-chatham

Contact Us

Contact us for more information

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Selena Nicholas
Salesperson

(519) 649-1888
selenanicholas.com/
Blue Forest Realty Inc.

(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/

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January 25 2026 07:21:57

London and St. Thomas Association of REALTORS®

Blue Forest Realty Inc.

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Contact

Toll Free: 800-817-3018
Phone: 519-746-5136

Email

sold@codycooper.ca

Address

Re/Max Twin City Realty Inc.
901 Victoria St N
Kitchener, ON

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.