Brick exterior residence featuring a white railing porch entry, established front yard landscaping, and mature trees Features: sunroom, lawn, stairs

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Two-story property with light-colored siding and brick accents Features: chimney, stairs, lawn, brick siding, stoop, curbs, horizontal siding, downspout

Two-story residential property featuring a neutral exterior, a sloped roofline, and a prominent rear deck Features: residential view

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Property featuring a multi-gabled roofline, surrounding mature trees, a side yard with grass, a gravel driveway, and a wooden deck

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office space with dark wood-type flooring Features: natural light, wine cooler, hardwood floor

living room with a stone fireplace and dark hardwood / wood-style floors Features: natural light, hardwood floor, tv, fireplace

bedroom with ceiling fan, wood-type flooring, and a closet Features: vaulted ceiling, ceiling fan, closet, hardwood floor

full bathroom featuring shower / bath combo with shower curtain, vanity, and toilet Features: toilet, combined bath shower, sink, vanity, vent, mirror

interior space with light hardwood / wood-style flooring Features: hardwood floor, natural light

bedroom with wood-type flooring Features: hardwood floor, natural light

kitchen with dark brown cabinets, electric stove, and light wood-type flooring Features: shaker cabinets, dark brown cabinets, countertops, hardwood floor, range hood, range oven, natural light

kitchen featuring sink, tasteful backsplash, washer / clothes dryer, dark stone counters, and light hardwood / wood-style flooring Features: shaker cabinets, laundry, medium brown cabinets, stone countertops, sink, hardwood floor, microwave, washer dryer, backsplash, natural light

carpeted dining room with a textured ceiling Features: natural light, carpet, textured ceiling

living room featuring a textured ceiling and carpet floors Features: natural light, textured ceiling, tv, carpet

living room featuring a textured ceiling and carpet flooring Features: carpet, textured ceiling, tv, natural light

bedroom featuring light wood-type flooring and ceiling fan Features: natural light, hardwood floor, ceiling fan

view of carpeted bedroom Features: carpet, natural light

bathroom featuring tile walls, backsplash, toilet, and vanity Features: natural light, mirror, vanity, tile wall, backsplash, sink, toilet

additional living space featuring light tile patterned flooring and lofted ceiling Features: vent, tile floor, vaulted ceiling

additional living space with light tile patterned floors Features: vent, tile floor, natural light

clothes washing area featuring cabinets, washing machine and dryer, and a textured ceiling Features: textured ceiling, sink, natural light, separate washer dryer, laundry, low ceiling

Carpeted area with light gray walls, a white paneled door, and a white six-panel door with brass hardware Features: low ceiling, drywall, natural light, baseboards wall, recessed lighting, carpet, basement

Open-concept room featuring a functional kitchenette with white cabinetry, a built-in electric range, and a tiled backsplash Features: built in shelves, drywall, raised cabinets, baseboards wall, vent, basement, smoke carbon monoxide detector, natural light, range oven, carpet, white cabinets, open shelves, backsplash, countertops

Kitchenette featuring white cabinetry, a light-colored countertop, and a tiled backsplash Features: backsplash, drywall, countertops, white cabinets, range oven, raised cabinets, natural light, baseboards wall, sink, refrigerator

Kitchen featuring white cabinetry, a compact refrigerator, a gas range, and a single-basin sink Features: backsplash, sink, raised cabinets, range oven, countertops, drywall, white cabinets, natural light, refrigerator, vent, smoke carbon monoxide detector, baseboards wall

Bathroom featuring a white vanity with an integrated sink, polished chrome faucet, and a large mirror with sconce lighting Features: drywall, mirror, sink, toilet, half bathroom, vanity, baseboards wall

Shower enclosure with sliding frosted glass door, white subway tile wall, white shaker-style vanity with light-toned countertop, and sconce lighting Features: sink, mirror, vanity, tile wall, shower, vent, wainscot wall, full bathroom, drywall

Carpeted room with light-toned walls, white trim, and a white paneled door Features: natural light, drywall, carpet, basement, low ceiling, baseboards wall, vent

Carpeted room featuring light gray walls, white trim, and recessed lighting Features: low ceiling, drywall, baseboards wall, recessed lighting, carpet

view of front of property featuring a fenced backyard Features: horizontal siding, chimney, lawn, fence, downspout

view of green lawn Features: lawn, woods view

birds eye view of property Features: residential view

bird's eye view Features: forest view, residential view

drone / aerial view Features: residential view

birds eye view of property Features: water view

drone / aerial view featuring a water view Features: residential view, water view

drone / aerial view with a water view Features: water view

american foursquare style home with a chimney, brick siding, and a residential view Features: stairs, residential view, gutters, parking pad, chimney, horizontal siding, downspout, brick siding

view of front of home featuring a front yard, a chimney, and brick siding Features: horizontal siding, lawn, brick siding, concrete foundation, downspout, chimney

view of home's exterior featuring a lawn, a porch, and brick siding Features: brick siding, lawn, porch

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For Sale - 266 Grand Avenue, Chatham, Ontario

266 Grand Avenue

Chatham , Ontario

$479,000

Est payment $2,300/mo

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Time on Jump 62 day

AI Summary *

Turnkey triplex with potential for strong rental income and flexibility.
Two vacant units ready for leasing at current market rates.
Well-maintained property by the Thames River with redevelopment opportunity.
Upper unit provides extra space for increasing rental value.
Close to downtown amenities, parks, and public transit for convenience.

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Down Payment:
$ 23,950 ( 5% )

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Set your own rents and maximize your returns with this turnkey triplex offering exceptional flexibility and long-term investment potential. With both the main floor and basement units now vacant, this is a rare opportunity to lease two units at today's market rates while benefiting from existing income from the upper unit. Situated on a premium lot backing onto the thames river, this well-maintained property offers strong cash flow potential, multiple income streams, and future redevelopment possibilities. The main floor unit features a spacious 2-bedroom plus bonus room unit, while the recently refreshed basement apartment has been updated with fresh paint and new carpeting, making it move-in ready for a new tenant. The upper unit remains tenanted and offers additional untapped third-floor space, presenting an excellent opportunity to further increase value and rental income. Current market rents are estimated at approximately $1750-$1950/month for the main floor, $950-$1100/month for the basement apartment, and the upper unit currently rents for $868/month plus hydro and gas, leaving room for future rental growth. At market rents, this property offers excellent cash flow potential with significant upside. Additional features include a new roof installed in may 2025, a generous riverfront lot, and a location close to downtown amenities, parks, shopping, and public transit. Whether you're looking to build your investment portfolio, live in one unit while generating income from the others, or optimize the property for maximum returns, this is an opportunity that offers flexibility today and appreciation for years to come.

Listing ID26017398

Address266 Grand Avenue

CityChatham, Ontario

Price$479,000

ConstructionAluminum/Vinyl, Brick

FlooringCushion or Lino or Vinyl, Hardwood or En…

Land Size80.56 x Irregular

TypeMulti-Family

StatusFor Sale

Extras

Subtype TriplexAcreage 0.510Ownership FreeholdFoundation Block, ConcreteHeating / Cooling Central Air Conditioning, Furnace, Other, See RemarksHeating Fuel Natural GasHot Water Tank GasUtility Water Municipal WaterSewer Sanitary

Market Info

Date Listed Jul 17, 2026Days on Market 65

Listing Agency:
NEST REALTY INC.

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Listing Agency:
NEST REALTY INC.

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For Sale - 266 Grand Avenue, Chatham, Ontario

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